Question

baishali invested 25000 better than institution which would be pay the rate of 8% p a during 1st year and 6% period during 2nd year. find the amount she will get back after 2 years

Answer 1

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Answer 2

Money invested by Baisali = 25000
Rate of interest of First year = 8%
Money of interest = P×R×T/100
= 25000×8×1/100
=₹2000
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Rate of interest of second year = 6%
Money of Interest = P×R×T/100
= 25000×6×1/100
=1500
_____________________
Money she will get after 2 years = Principal money + money of 1st year+ money of 2nd year.
= 25000+2000+1500
=₹28500
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