rs 4000 is borrowed at 3%rate of interest per annum for 4years find the amount to be paid at the end of the fourth year.
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Answer:
Rs 4380
Step-by-step explanation:
P= rs 4000
R=3%pa
T =4years
Formula = prt/100
=4000*3*4\100
=40*3*4
= ₹4380
Hence he will receive rs4380 at the end of fourth year.
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