14. Sarita deposited 7 5,000 in a bank which pays 10% per annum interest on the deposits. How much interest will she get at the end of 4 years ?
Answers
Answered by
1
Answer:
If Rihanna deposits 1500 rupees in the school fund at 9 p.c.p.a for 2 years, what is the total amount she will get?
ANSWER:
Given:
Principal (P) = 1500 rupees,
Rate of interest (R) = 9%
Time (T) = 2 years
Total interest (I) = P×R×T100
=1500×9×2100
= 270 rupees
Now, total amount = P + I
= 1500 + 270
= 1770 rupees
Hence, Rihanna will get the total amount of 1770 rupees.
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Answered by
1
Answer:
75000÷10 = 7500
4 years = 7500 × 4 = 30000
interest got in 4 years + money deposited = 75000 + 30000 =105000
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