Question

3.. If rate is 18% per year means, on
Rs 100 the interest to in one year is​

Answer 1

Answer:

(50,000 x 8 x 1) ÷ 100 = Rs.4,000

The interest you will receive at the end of the 1-year tenure will be Rs.4,000. Therefore, the maturity amount of the FD will be Rs.54,000

Answer 2

Answer:

(50,000x8x1)/100= Rs 4,000

Step-by-step explanation:

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