Ramesh invested 500 for 4. per annum. How much interest. will he get after 4 year?
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Answer:
P = 500
T = 4 yrs
R = 4% p.a
S.I = PTR%
= 500 × 4 × 4/100
= 5 × 4 × 4
= 20 × 4
= ₹80
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