Gauri's bank gives an interest of 5% per annum. If Gauri deposits Rs.1000 in her bank, after a year the interest she will get is Rs. 5000 . After a year suppose Gauri withdraws the money with the interest and deposits the total ( Rs.1000 + the interest she got) in another bank which also gives an interest of 5% per annum. In the second bank, her principal will be Rs. and the interest she gets will be Rs.
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Answered by
0
Answer:
1050rupees
Step-by-step explanation:
Principal amount (P) = Rs 1000
Time period (T) = 1 year
Rate of interest (R) = 5 % p.a.
Simple Interest =
100
P×R×T
=
100
1000×5×1
= Rs 50
Total amount paid after 1 year = Principal amount + Interest
= Rs 1000 +Rs 50
= Rs 1050
Answered by
0
Answer:
Gauri's bank gives an interest of 5% per annum. If Gauri deposits Rs.1000 in her bank, after a year the interest she will get is Rs.
5
100
× 1000 = Rs.50
Suppose Gauri withdrew the money with the interest and deposited the total ( Rs.1000 + the interest she got) in another bank which also gave an interest of 5% per annum.
Here her principal will be Rs.1000 + 50 = 1050 and the interest she gets will be Rs.
5
100
× 1050 = Rs.52.50.
Step-by-step explanation:
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