Question

A bank gives 5% simple interest per annual.In bank,Dipubabu deposits rs 15000 at the beginning of the year, but withdrawas rs 3000 after 3 months and then again,after 3 months he deposits rs 8000.Let us determine the amount Dipubabu will get at the end of the year

Answer 1

Answer:

10000 because the rate of interest is 5%

Answer 2

I=P×R×T/100

I=15000×5×1/100

I=150×5/4= rs. 187.5

amount=principal+interest

amount=15000+187.5=rs 15187.5

but after 3 months dipubabu withdraw rupees 3000,

so remaining amount in the bank = 15187.5-3000= 12187.5

principal=12187.5

rate of interest=5%p.a

time=1/4 years

interest=?

INTEREST=12187.5×5×1/4×100

interset=152.34

amount=principal+interest

amount=12187.5+152.34=12339.84

likewise do same of 8 months by taking

amount=12339.84+8000

r=5

t=1/2

i=?

the final answer you'll get will be

20848.336