3. Ruby deposits 1500 in a bank which pays interest at the rate of 12% pa. Find the interest
and the amount she received after 2
years.
1
neid
2
Answers
Answered by
4
Answer:
Interest = P x T x R ÷ 100
=> Interest = 1500 x 2 x 12 ÷ 100
Interest = Rs. 360
Amount = P + I
=> Amount = 1500 + 360
Amount = Rs 1,860
Answered by
3
Answer
12/100*1500 =180
2 1/2 =5/2*180 =450
Amount =1500+450 =1950
Hence,the answer is 450,1950
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