Question

If 200,000.00 is saved at simple interest of 5% per annum. Calculate the total amount for 4 years

Answer 1

Answer:

₹240000

Step-by-step explanation:

p=₹200000

t=4 years

r=5 percent per anum

SI=p×r×t/100

=200000×5×4/100

=2000×5×4

=2000×20

=₹40000

amount=si+principle

=200000+40000

=₹240000

That was easy hope you understood it.