Question

Ankita deposited rs 10,000 in a bank on 1 january 2002. She withdraw the total amount on 30 june 2005. If the bank pays a simple interest of 5% per annum, what total amount will she get at the end of the period?Round off your answer to a rupee

Answer 1

Answer:

Step-by-step explanation:

SI=PRT/100

=10000*5*42/12*100

=1750

SI=1750

TOTAL AMOUNT=PRINCIPLE+SI

=10000+1750

=101750

SHE WILL GET RS101750  AT THE END OF THE PERIOD

HOPE YOU GOT IT UNDERSTOOD