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find the amount to be earned at the end of 2years if a principal sum of rs 5000 is deposited at 4% rate of interest compounded annually slove in detail |
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Answer» Answer: AMOUNT = ₹5400 Step-by-step explanation: Amount = Principal+S.I To FIND amount FIRST we have to find S.I S.I = P×R×T/100 = 5000×4×2/100 = ₹400 Amount = P + S.I =₹5000+₹400 =₹5400 Hope this will help you |
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