Find the Difference in Amount and Principal

Find the difference in amount and principal for Rs. 4000 at the rate of 5% annual interest in 4 year.

  1. Rs. 865.50
  2.  Rs. 865
  3.  Rs. 400
  4.  Rs. 800
Desire Adnan Default Asked on 4th August 2015 in Maths.
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1 Answer(s)

Answer: (4) Rs.800
Explanation:-
Given-
Principal = Rs.4000, Rate = 5 % Time = 4 years.

Formula-
Simple Interest = P x R x T/100
Where, P = principal , R = rate, & T = time.

Then, the difference = 4000 x 5 x 4 /100
= 40 x 20
= Rs.800
Then,  the difference in amount and principal for Rs. 4000 at the rate of S% annual interest in 4 years  is Rs.800.
Hence, the answer is (4) Rs.800.

Anurag Mishra Professor Answered on 4th August 2015.
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