Question

Garima deposited rs 2500 for 2 year with a bank which pay interest at the rate of 18 percentage per annum find the amount she will get at the end of 2 years?

Answer 1

answer-

principal = 2500

rate of interest = 18%

time = 2 years

formula for interest = p*r*t / 100

interest = 2500*18*2 / 100

interest = 90000/100

interest = 900

amount= principal + interest

amount = 2500 +900

amount = 3400

so, amount to be paid at end of 2 years = 3400

hope it helps

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