Question

Arvind deposit rupees 1600 per month in a commutative deposit account for 3 years at the rate of 9% per annum simple interest find the amount Arvind will get at the time of maturity​

Answer 1

Answer:

2032 rupees

Step-by-step explanation:

SI=PTR/100

P=1600

T=3

R=9

SI=1600*9*3/100

=16*3*9

Rs.432

Amount=SI+P

=432+1600

=2032 rupees

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