basu deposited rupees 35000 for 6 months in a bank if the rate of interest is 85% per annum find the amount he got at the end of term
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Sum=₹35000
Time =6 months
Rate=85%P.a.
For 6 months rate of interest will become 85/2%
Si=pxrxt /100
=35000x85/100x2
=350x85/2
=175x85
=₹14875
Amount =sum + interest
=35000+14875
=₹49875
This is ur ans hope it will help you
Time =6 months
Rate=85%P.a.
For 6 months rate of interest will become 85/2%
Si=pxrxt /100
=35000x85/100x2
=350x85/2
=175x85
=₹14875
Amount =sum + interest
=35000+14875
=₹49875
This is ur ans hope it will help you
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