Mrs Shekar deposits Rs 4000 at a simple rate of intrest 9% per annum
Answers
Answer:
i am not really sure about what you are asking but i will answer assuming asking for the total amount in 1 year.
Step-by-step explanation:
PRINCIPAL=4000 RUPEES
INTEREST%=9%
TIME=1YEAR(ASSUMING AS IT ISNT MENTIONED IN YOUR QUESTION)
INTEREST=PRINCIPAL×INTEREST RATE × TIME/100
I=(4000×9×1)/100
I=360 RUPEES
INTEREST = 360 RUPEES
PRINCIPAL = 4000 RUPEES
AMOUNT IN 1 YEAR = 4360 RUPEES
Answer:
Simple interest = Rs.360
Amount = Rs.4360
Step-by-step explanation:
Given:
Principal (P) = 4000
Rate of Interest (R) = 9%
No. of years (n) = 1
To find: Simple Interest (S.I) = ?
Formula: Simple interest = (P x n x R)/100
Therefore, S.I = (4000 x 1 x 9)/100
= (40 x 9)
= Rs.360
Amount = Principal + S.I
= 4000 + 360
= Rs.4360