Question

simran deposited₹12,500 in a bank, which pays simple interest at 8% per annum.find the interest she will receive at the end of 4 years
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Answer 1

4506.112 will be the interest she will receive after 4 years

Answer 2

Answer:

principal=12500

rate 8per.

time=4 years

p 100+8/100 time=4

12,500 ×100/8×100/8×100/8×100/8

1250000000000/4096

365175781.25 is your answer

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