3. Javed deposited 12000 rupees at 9 p.c.p.a. in a bank for some years, and with
interest every year. At the end of the period, he had received altogether 17,400 rupees.For how many years had he deposited his money?
ls name is banks and simple interest formula:p*r*t/100
please tell
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Step-by-step explanation:
Amount = Principal + Interest ∴17400 = 12000 + Interest ∴Interest = 17400 – 12000 = Rs 5400 ∴ Total interest = (P x R x T)/100 5400 = (12000 x 9 x T)/100 ∴ (5400 x 100)/(12000 x 9) = T ∴ T = 5 years
∴ Javed had deposited the amout for 5 years.
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Answer:
at the End of the Period, He Had Received Altogether 17,400 Rupees. for How Many Years - Mathematics. Javed deposited 12000 rupees at 9 p.c.p.a. in a bank for some years, and withdrew his interest every year. At the end of the period, he had received altogether 17,400 rupees.
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