(D) 12 OR
(C) 6
1. Ritesh deposits in the bank Rs. 9,300 for 8 months at 5% per annum rate of interest. Find
the amount he will receive from the bank at the end of the period.
Answers
Answered by
0
Answer:
Aapko pta h to bta do plz plz
Answered by
0
Step-by-step explanation:
Given,
p=9300, r=5%, n=8 months = 8 /12=2/3
Ritesh received money in the bank at 5%=PRN/100
=9300*5*2/3*100
=310
Therefore, the amount Ritesh will receive from the bank at the end of the period=9300+310=9,610
Similar questions