A man invested Rs 20000 at 5% per annum.Find the interest received by him at the end of three years?
Answers
Answered by
13
Answer:
He will receive an interest of ₹ 3000 at the end of 3 years.
Step-by-step explanation:
Interest = Principle*Number of years*Rate/100 = 20000*3*5/100 = 3000
Answered by
7
Answer:
20000×5/100=1000per annum
3×1000=3000 for three years
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