Amrit deposited ₹50,000 in his saving bank account. The bank pays an interest at the rate of 3.5% p.a. simple interest. Find the interest and the amount that he will receive after 2 years.
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Answered by
5
Step-by-step explanation:
p=50000
r=3.5
t=2
si=prt/100
si=50000*3.5*2/100
si=3500
amount=p+si
amount=53500
Answered by
4
Answer:
Interest is Rs.3500
Amount is Rs.53500
Step-by-step explanation:
Hope you would understand my explanation in the photo.
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