Question

5. If Pankaj deposits 1,50,000 rupees in
a bank at 10 p.c.p.a. for two years,
what is the total amount he will get
from the bank?​

Answer 1

Hence, Pankaj will get the total amount of 180000 rupees from the bank.

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Answer 2

Answer:

Given below:

Step-by-step explanation:

Hello the answer is given below:

➼ Here, P = 150000, R = 10 p.c.p.a., T = 2 years ∴ Total interest = (P x R x T)/100 = (150000 x 10 x 2)/100 = Rs. 30000 ∴ Total amount = Principal + Total Interest = 150000 + 30000 = Rs 180000 ∴ Pankaj will receive Rs 180000 from the bank.

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