• 7. Mr Singh invests Rs 60,000 in a mutual fund which grows at the rate of 15% per annum.
(i) What sum will he receive at the end of the second year?
(ii) What is the sum by which his money will grow in 3 years?
Answers
Answered by
10
Answer:
i)18000rupees
ii)27000rupees
Step-by-step explanation:
i) principal is 60000
rate is 15%
interest is (60000×15×2)÷100
(900000×2)÷100
1800000÷100=18000(answer)
ii)interest=(900000×3)÷100
2700000÷100
27000(answer)
PLZ MARK AS BRAINLIEST ANSWER.
PLZ FOLLOW ME.
Answered by
37
Hope fully this will help u☺
BE BRAINLY : )
Attachments:
Similar questions