Rs 500 for 3 years at 4% p.a
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according to Simple Interest - S- PRT/100
P= RS 500
T= 3 YEARS
R=4 P.A
ANS - 500*3*4/100 = 6000/100 = 60
amount = 500+60= 560
P= RS 500
T= 3 YEARS
R=4 P.A
ANS - 500*3*4/100 = 6000/100 = 60
amount = 500+60= 560
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