Question

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.​

Answer 1

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.