Question

A man deposit ed Rs 19000 in Post office savings account at a rate of 5.5 per cent per annum. Find the amount.

Answer 1

Answer:

amount=simple interest=p*r*t

p=19000,r=5.5,t=1year

=19000*5.5*1/100

=1045 Rs

amount=interest+principal

amount =1045+19000=20045

amount =20045