a sum of 1000o is kept at a bank for 5 years at 2.5/per annum . find the amunt bank will return to the customer
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Answer:
amount = principal + interest
interest = principal × rate of interest × time ÷ 100
=10000×2.5×5
= 1,25,000 ÷100
=1250
amount = 10000+1250
=11250
Step-by-step explanation:
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Answered by
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Step-by-step explanation:
Amount = principle + Interest
Interest = principle x Time x Rate/100
Interest= 1000x5x2.5/100
Interest= 125.0
The amount bank will return to customer :- P+I
ㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤ☞︎︎︎1000+125
ㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤ☞︎︎︎rs.1125
THE AMOUNT :- rs.1125...
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