Question

find the principle if the amount paid at the end of 2 years with 20 % rate of interest is 2,002 . ​

Answer 1

Answer:

Step-by-step explanation:

20. 2. Find the interest on Rs 500 for a period of 4 years at the rate of 8% per annum. Also, find the amount to be paid at the end of the period. Solution: ... Total amount paid after 1 year = Principal amount + Interest. = Rs 1000 + ... If 30% is deducted as income tax on the interest earned, find his annual income. Solution:.