Question

(d) The bank paid Dev 9% interest per annum on 22,000 he deposited in his bank account.
How much money will he get back at the end of 3 years?​

Answer 1

Answer:

Interst is 22,000 * 9/100 * 3 = 5,940

Money gets back is 22,000 + 5,940 = 27,940 Rs.