Math, asked by chetnavij6220, 9 months ago

Ram Singh buys a refrigerator for rs 4000 on credit. The rate of interest for the first year is 5%

Answers

Answered by aaravs618gmailcom
0

Answer:

Cost of washing machine = Rs. 4000

Interest for 1st year =

100

5

×4000=Rs.200

Therefore, amount after 1 year = Rs. 4200

Interest after 2nd year =

100

15

×4200=Rs.630

Hence, cost after 2 years = Rs,4000+Rs.830=Rs.4830

Similar questions