Aman deposits ₹ 25000 for 3 years at the rate of 15% per annum in a bank. Find the interest paid by
bank to him and also find the amount.
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Answer:
S.I. = Rs. 11250
Amount = 36250
Step-by-step explanation:
Given :
P = Rs. 25000
t = 3 years
r = 15%
S.I. = Prt/100
= 25000×3×15/100
= Rs. 11250
Amount = P + S.I.
Amount = 25000 + 11250
= Rs. 36250
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