A bank offers 1 rupee interest for 100 rupees per month. If we invest 5000 rupees in this bank, after 1 year how much will we get back?
a) 600
b) 5020
c)5600
d)6000
Answers
Answered by
0
Step-by-step explanation:
done in picture.
p=5000
r=1/ month =12/ annum
t is 1 year
interest = p x r x t/100
=5000x 12 x 1 /100
= 600
toral amount= 5000+600. = 5600
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Answered by
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i think 5060 is right answer
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