Question

Lakshmi deposited Rs.5000 in a bank which pays 9% per annum interest on deposits. How much
interest will she get at the end of 4 years?
​

Answer 1

Answer:

Step-by-step explanation:

Given:

P= rs.5000

R=9%

T= 4 years

simple interest= $\frac{PRT}{100}$

ATP

$\frac{5000*9*4}{100}$

rs 2000

:. the interest in the end of 2 years is rs.2000