A bank gives 10% Simple Interest (S.I.) on deposits by senior citizens. Draw a graph to illustrate
the relation between the sum deposited and simple interest earned.
Find from your graph
(a) the annual interest obtainable for an investment of Rs 250.
(b) the investment one has to make to get an annual simple interest of Rs 70.
Please help me
ashishbarwar586:
please help me
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hello ,here is your answer:
graph we assume the deposit sum to be Rs 1000, Rs 2000, Rs 3000 and Rs 4000.Now we calculate the SI for 1 year for the sum deposit.
Plotting the points (1000, 100), (2000, 200), (3000, 300) and (4000, 400),
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