Question

1
5) If Anuj deposits 1800 rupees in the school fund at 9 p.c.p.a. for 2 years,
what is the total interest he will receive?​

Answer 1

Answer:

P = 1800

R = 9%

T = 2 yrs

I = (P x R x T) / 100

= (1800 x 9 x 2) / 100

= 18 x 18

= 324

hence total amount that he will receive is 324