Question

hari borrowed an amount of rs 4000 from giri at the rate of 10% for 2 years. what is the dum to be paid by hari to giri ? ​

Answer 1

Answer:

4000×10×2

100

=₹800/-

This called Simple Interest

Answer 2

Answer:

Rs 5324

Step-by-step explanation:

Principal = Rs 4000

Rate = 10%

Time = 2 years

To Find Amount :

By Compound Interest

$\tt\: A = P (1 + \dfrac{r}{100} ) ^{n}$

$\tt \: A = 4000(1 + \dfrac{1 \cancel0}{10 \cancel0} ) ^{2}$

$\tt \: A = 40 \cancel0 \cancel0 \times \dfrac{11}{1 \cancel0} \times \dfrac{11}{1 \cancel0}$

Amount = Rs 5324