a man deposits rs 25000 for 2 years at the annual rate of 6 % in the P N B. howmuch interestt will the bank pay to himm?
Answers
Answered by
37
The bank will pay the interest of a
Given:-
- A man deposits Rs. 25000 in bank.
- Time = 2 years
- Rate = 6% p.a
ToFind:-
Interest to be payed by the bank.
Solution:-
We know,
where,
- S.I = Simple Interest
- P = Principal amount
- R = Rate
• Substituting in the Formula:-
Therefore,the total amount he will get will be:-
⛧ PRINCIPAL + INTEREST
Hence, the bank will pay him interest of Rs. 3000 and the total amount will be Rs. 28000.
Thanks!
Answered by
12
The bank will pay the interest of a
Given:-
- A man deposits Rs. 25000 in bank.
- Time = 2 years
- Rate = 6% p.a
To Find:-
- Interest to be payed by the bank.
Solution:-
We know,
where,
- S.I = Simple Interest
- P = Principal amount
- R = Rate
• Substituting in the Formula:-
Therefore,the total amount he will get will be:-
⛧ PRINCIPAL + INTEREST
Hence, the bank will pay him interest of Rs. 3000 and the total amount will be Rs. 28000.
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