Question

Fatamadibi depost rs100 on the 1st day of every month in a monthly saving scheme .She continued to deposit money for 1 year If the rate of simple interest be 6% per annum then what amount of money will she get at the end of 1 year?

Answer 1

p=100
r=6
t=1
amount=p*r*,t/100
=100*6*1/100
=6
amount=6
money=100+6
=106
she gets 106 rupees after 1 year
$\huge \blue{106}$