Vinay deposit 4000 rupees 7% per annum for 4 years find the interest earned
who will awnser me i will give him reward and make him brilliant
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Vinay deposit 4000 rupees 7% per annum for 4 years find the interest earned
who will awnser me i will give him reward and make him brilliant
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Answer:
[tex]\qquad\qquad\boxed{\boxed{\bf ₹1120}}[/tex]
Step-by-step explanation:
[tex]\underline{\underline{\bf Given:}}[/tex]
So, Simple Interest
[tex] = ₹\left( \dfrac{40 \: \cancel{00} \times 7 \times 4}{\cancel{100}}\right) [/tex]
[tex] = ₹ \left(40 \times 7 \times 4\right)[/tex]
[tex] = ₹ 1120[/tex]
[tex]\bf \therefore[/tex] The interest is [tex]\bf = ₹1120[/tex]