Question

Shalini deposited 25,000 rupees at 10 p.c.p.a for 4 years. What interest will she get at the end of the period?​

Answer 1

Answer:

simply calculate by interest %

for 1year 10%

for four years =4*10%=40%

interest always calculated on principal

in simple interest

40% of 25000=4*2500=10000