Question

The amount of principal rs.3750 at compound interest at the rate of 4% p.A. For 2 years is



a. Rs.4000



b.Rs.3912



c. Rs.3056



d. Rs.4056

Answer 1

HEY HERE IS YOUR ANSWER!!!!

PRINCIPAL=3750
TIME=2 YEARS
RATE = 4%P.A
FOR THE 1 ST YEAR,

INTEREST= P(1+R/100)
=3750(1+4/100)
=3750(104/100)
=3900 is the answer of 1st year

INTEREST FOR 2ND YEAR,
INTEREST =3900(104/100)
=4056 IS YOUR ANSWERS

THE ANSER IS RS 4,056 IS ANS