Question

Dinesh deposited Rs 8000 in a bank at the rate of 9 p.c.p.a. How
much money will he get at the end of the year?

Answer 1

Answer:

8720 rs

Step-by-step explanation:

Given:-

• Deposited money in the bank by Dinseh = 8000
• Rate on money = 9%
• Time Duration = 1 year

We have to find intrest on amount and compounded amount

Simple Intrest = PxRxT/100

Solution .

$simple \: intrest \: = \frac{p \times r \times t}{100} \\ intrest = \frac{8000 \times 9 \times 1}{100} \\ \frac{72000}{100} = 720 \\ total \: amount \: dinesh \: will \: get \: from \: bank = \\ principal \: amount \: + \: simple \: intrest \\ 8000 + 720 = 8720rupees$

Answer 2

P=8000

RATE=9%

T=1 year

I=(P*R*T)/100

=(8000*9*1)/100

=720 RS

AMOUNT =I + P

=720+8000

=8720 rs