Question

If a certain sum of money amounts to 800 for 2 years and 880 for 3 years then how much will it amount in 4 years

Answer 1

In 2years =Rs 800

After 1 year = it gains Rs 80

=800+80 =880

so after after 1 more year

it will again gain Rs 80

so it would be

=880 +80= Rs. 960