Question

pramod deposits ruppees 200 in a R.D account for 4 years if the rate of interest is 8percent per year calculate the maturity value of his account

Answer 1

yep it's a easy answer:
principle=200 time=2 years rate=8%
we should find the simple interest so,
S.I=PNR\100
SO,S.I=200×2×8/100
SO,S.I =RS.320 and the amount is principle added to simple interest,then,300 added to 200 and the amount is 500 rupees

Answer 2

The maturity amount will be Rs. 272.05