Ramesh invested 5000 for 4 years at 4% per annum. How much interest wi – InterviewSolution

1.

Ramesh invested 5000 for 4 years at 4% per annum. How much interest will get after 3 years

Answer» ONG>Answer:

5600

Step-by-step EXPLANATION:

$5000 \times 3 \times 4 \div 100 \\ = 50 \times 3 \times 4 \\ = 50 \times 12 \\ = 600 \\ 5000 + 600 = 5600$

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