Question

Anas deposited 25000 rupees in a bank which pays 6% interest
compounded annually. How much would he get back after 3 years?​

Answer 1

• rupees deposited=20,000

• interest given by bank=6%

• time = 3years

• SI=P×R×T/100

• SI=20,000×6×3/100
• SI=3600

• 20,000+3600=23,600Ans

Answer 2

Answer:

20000(1+6/100)³

= 20000*106*106*106/100*100*100

= 23,820.32 rupees

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