Bhakti borrowed Rs 4000 from a women’s savings group to buy a sweing machine. If the rate of compound interest is 5 p.c.p.a., what amount will she have to return at the end of 3 years?
Given: Principal (P) = Rs. 4,000, Rate of Interest (R) = 5% and Number of years (n) = 3year
As Amount (A):




⇒ A = Rs. 4630.50
Amount bhakti have to pay to the bank in 3 year = Rs 4630.50.
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