Question

5) If Pankaj deposits 150,000 rupees in a bunk a 10 p.c.p.a
for 2 years, what is the total amount he will get from bank

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Answer 1

Answer:

Principal (p) = 150,000 rupees

Rate of interest (R) = 10%

time (t) = 2 years

Toral interest (I) = P * R * T/ 100

150000 * 10 *2 /100

30000rupees

Now, total amount = P + I

= 150000 + 30000

= 180000 rupees

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

Answer 2

Here , P = ₹ 1,50,000 ; R = 10 p.c.p.a ; T = 2 years ; A = ?

I = P × R × T

100

= 150000 × 10 × 2 = 30000

100

A = P + I

= ₹ ( 150000 + 30000) = ₹ 1,80,000

Ans. Pankaj will get ₹ 1,80,00.

I hope for help you.