Question

Ritika deposit rs 30000 at the rate of 2% p.a find the amount she will get after 4 years.​

Answer 1

Given:-

• Principle= 30000
• rate = 2%
• time = 4 years

To find :-

• amount she will get after 4 years

Solution:-

as we know

$s.i = \frac{p \times n \times r}{100} \\ \\ s.i = \frac{30000 \times 2 \times 4}{100} \\ \\ s.i = 300 \times 2 \times 4 \\ \\ s.i = 2400 \\ \\ now \\ for \: amout \\ \\ amount = principle + s.i \\ \\ amount = 30000 + 2400 \\ \\ amount = 32400$