1.

4,000 in 1 3 years at 2 paise per rupeeper month.

Answer»

Principal amount (P) = 4000 rupeesTime (t) = 4/3 yearRate = 2 paiseper rupee(100 paise) per month = 2% monthely = 2×12 = 24% annual

S.I = P×R×t/100 = 4000*24*4/100*3 = 16*80 = 1280

Interest = 1280 rupeesso, total Amount after 4/3 years = 4000+1280= 5280 rupees



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