A man deposits Rs 5600 in a bank at 3 3/4% annual interest. After 6 months he withdraws Rs 3200 and after 12 months he withdraws the remaining amount. How much does he get?
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17
Step-by-step explanation:
Given A man deposits Rs 5600 in a bank at 3 3/4% annual interest. After 6 months he withdraws Rs 3200 and after 12 months he withdraws the remaining amount. How much does he get?
- Given a man deposits Rs 5600 in a bank
- So rate of interest = 3 3/4 = 15 / 4 % per annum
- We know that S.I = P x R x T / 100
- After 6 months total money in his account will be 5600 + interest for 6 months
- So interest will be 5600 x 15/4 x 6/12 / 100
- = 5600 x 15 / 8 x 100
- = 105
- Now total money will be 5600 + 105
- = 5705
- Now he withdrew 3200 from it, so remaining amount in his account will be
- = 5705 – 3200
- = 2505
- Again he withdrew remaining amount after 12 months.
- So interest money for 6 months = 2505 x 15/4 x 6/12 / 100
- = 2505 x 15 / 800
- = 37575 / 800
- = 46.96
- = 47
Now total amount he gets will be 2505 + 47
= Rs 2552
Reference link will be
https://brainly.in/question/2048630
# BAL
Answered by
4
Answer:
2595
Step-by-step explanation:
I don't know explanation
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