Question

What amount a man would have received on a principal of Rs. 4000
After 2 years at simple interest at the rate of 5% per annum.​

Answer 1

Answer: Rs. 4410

Step-by-step explanation:

4000 x $1.05^{2}$

Answer 2

Answer:4400

Principal = 4000

Time = 2 years

Rate = 5% per annum

SI = PRT/100

SI = 4000×2×5/100

SI = 400

Amount = SI + Principal

Amount = 400 + 4000 = 4400rs