what sum amount yo rs 1044 in 4 years at the rate of interest of 4% per annum?
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Step-by-step explanation:
since we have given that
principal=Rs.1044
Number of years = 4years
Rate of interest=4%
we need to find the interest
so , it becomes
interest=P×R×T/100
1044=p×4×4/100
p=1044×100/16 =RS.6525
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