Question

Asha invested Rs. 40,000 for 2 years, interest being compounded annually. The interest rates for the first and second were 6% and 9% respectively. Find the interest payable to Asha. a. Rs. 6126 b. Rs. 5265 c. Rs. 6000 d. Rs. 6216

Answer 1

Answer:

20,000

Step-by-step explanation:

20%of 40000=8000

8000 for 2year and 6 month is

8000× 30/12=20,000

Answer 2

Answer:

Rs.6216

Step-by-step explanation: