Question

Radha deposited Rs 4000 in the bank. The bank paid her some interest on the deposited amount.

She received Rs 4450 at the end of 1 year.

How much interest did she get in 1 year?

Answer 1

the interest is Rs 450

Explanation:

The computation of the interest did she get in one year is shown below:

Amount = Principal + interest

where,

The Amount is Rs 4,450

And, the principal is Rs 4,000

So, the interest is

= Rs 4,450 - Rs 4,000

= Rs 450

hence, the interest is Rs 450