Question

Amit deposited ₹50000 in his saving bank account.the bank pays an intrest at the rate of 3.5% simple interest. find the interest and amount be will receive after 2 yeara​

Answer 1

Please check this answer

Answer 2

Given , P = Rs 50000
N = 2 years
R = 3.5 % p.c.p.a
$simple \: interest = \frac{p \times n \times r}{100}$