Question

A child friendly bank announces a savings scheme for school children. They will give in
banks to children. Children have to keep their savings in it and the bank collects all
money once in a year. To encourage children savings, they give 6% interest if the amo:
exceeds by 10000, and other wise 5%. Find the interest received by a school ift
deposit is 9000 for one year.​

Answer 1

Answer:

A child friendly bank announces a savings scheme for school children. They will give in

banks to children. Children have to keep their savings in it and the bank collects all

money once in a year. To encourage children savings, they give 6% interest if the amo:

exceeds by 10000, and other wise 5%. Find the interest received by a school ift