Question

3. Arun received a gratuity of 18,60,750 on his retirement. He bought a car for 3,25,000, invested
2,70,000 in mutual funds and deposited the remaining amount in fixed deposit in a bank. How much money did he put in fixed deposit​

Answer 1

ANSWER:

Interest rate on SBI savings bank deposits

Interest rate on SBI savings bank deposits Currently, the interest rate on savings bank deposits on balance up to Rs 1 lakh is 3.5 per cent. On balance above Rs 1 lakh, the interest rate is 3 per cent per annum, which is set at 2.75 per cent below RBI's Repo Rate, with a minimum of 3 per cent for the entire balance

hope this helps you!

mark as brainliest answer.

Answer 2

Answer:

12,65,760

Step-by-step explanation:

Total Gratuity Money - The Man he has used

18,60,750 - 3,25,000 + 2,70,000

18,60,750 - 5,95,000

Ans= 12,65,760