Aman invested rupee 12300 in a finance company at 18% per annum simple interest .he deposit 7000 after three year hence.find the amount he will get after 5 years.
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aman will get a sum of rs.32890 after 5 years
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Answer:
Rs.23370
Step-by-step explanation:
Given:
Principal = Rs.12300
Rate of interest = 18%
Time = 5yrs
Answer:
12300*18*5/100
= Rs.11070
Amount = Principal + Interest
= 12300 + 11070
= Rs.23370
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