What will be the compound interest on Rs. 4000 in two years when rate of interest is 5% per annum?
Given,
Principal = Rs.4000
Time = 2 years
Rate = 5 % per annum
Compound interest = 
= 
2
What will be the compound interest on Rs. 4000 in two years when rate of interest is 5% per annum?
Given,
Principal = Rs.4000
Time = 2 years
Rate = 5 % per annum
Compound interest =
=