Question

sudhir deposited RS: 5,500 an finance company which pays 15% interest per year Find the amount he will recieve after 4 years ​

Answer 1

Answer:

He will recieve Rs.8800 after 4 years

Step-by-step explanation:

given=amount deposited=5500

Interest per year = 15 percentages

amount after 4 years=?

Ans: 15 percents of 5500= 15/100÷5500

=825

interest for four years will be = 825 × 4

= 3300

amount after 4 years = 5500+3300 = 8800

Amount after 4 years will be RS.8800