Question

A person deposited a sum ₹10000 of in his saving account .After 2 years he wihdraw ₹4000 and at end of 6 years ,what amount he will get and at what rate of simple interest)​

Answer 1

Step-by-step explanation:

Principle amount 10000/-

Withdrawn amount 4000/- after 2year.then principle amount reduced

6000/-

Let the interest X%

So interest amount above amount for 5 years

(X/100×6000)×5=300X

Interest amount of 4000/- for 2years

(X/100×4000)×2=80X

Now total amount after 5 year

6000+300X+80X=7900

5 percentage interest