Question

Anuj deposited Rs 3000 in a bank for 2 years at a rate of 5% per annum.

i) Find the interest he will receive at the end of 2 years?

a) Rs 500 b) Rs 450 c) Rs 300 d) Rs 30

ii) The amount he received is____

a) Rs 3500 b) Rs 3300 c) Rs 3450 d) Rs 3000

iii) What is the formula for calculating Amount

a) A= P + SI b) A= P- I c) A= P+ R d) NONE

iv) What would be the amount if he deposited the same money at same rate of

interest for 5 years?

a)Rs 3250 b) Rs 3750 c) Rs 3300 d) NONE

please give right answer otherwise dont waste my time same as yours ​

Answer 1

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