Question

A man deposited rs 8,000 in a bank on 25 March 2013 and closed his account on 25 March 2015. If the
bank allows an interest of 9% per annum, what amount does he get?​

Answer 1

Answer:

Rs. 9440

Step-by-step explanation:

Principle Amount = Rs. 8000

Time = 2 years

Percentage of Interest = 9% per annum

Interest = ( 9% of 8000 ) * 2

= ( 9/100 * 8000 ) * 2

= ( 9 * 80 ) * 2

= 720 * 2

= Rs. 1440

Therefore, Amount = Principle Amount + Interest

= 8000 + 1440

= Rs. 9440

Therefore, the man gets Rs. 9440 after closing his Bank Account.

You can Ask me your doubts if you have any in the comments.

Answer 2

A man deposited ₹8000 in a bank on 25 March 2013 and closed his account on 25 March 2015. If the bank allows an interest of 9%per annum what amount does he get

Step-by-step explanation:

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