Ram deposits RS 4000 ina post office which offer him 5% p.a. as interest . what is amount he get from the post office after 5 years ?
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Answer:
1000 rs. in 5 years (5000 , including the base amount)
Step-by-step explanation:
First we need to take out 5% of 4000, that is 200
to calculate it easily we ca do that, first take 10% of 4000
then the answer is 400 and again divide by 2= 200 is 5% of 4000
Here, there can be two answers, first 200x5=1000 or 200x5=1000+4000=5000
the first will be the profit and the second will be the total amount.
Hope it helped you!!
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