Question

3. A man deposits 25,000 in a bank and withdraws it after 2 years and 6 months. If
the bank pays simple interest to the depositors at the rate of 8% p.a., calculate:
(i) the interest earned by the man.
(ii) the total amount of money that the man will receive from the bank.​

Answer 1

Answer:

SI= 25000*2.5*8/100=5000

amount=25000+2500=27500

Step-by-step explanation:

Answer 2

Step-by-step explanation:

SI= ₹5,000

Amount=₹30,000