Question

gangs ram deposit rs 625 in a bank .if bank pay 13/2 ℅ interest per year when Will be his amount in the Bank after 4 year ?​

Answer 1

Step-by-step explanation:

here

principal = Rs.625

Rate = 13/2%

Time = 4 years

so,

Simple interest or SI = PRT/100

= 625*13*4/2*100

=Rs. 12.5

Now,

Amount = SI + Principal

= 12.5 + 625

=Rs. 637.5

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