Question

Geeta deposited ₹ 40,000 in a bank for 3 years ,compounded annually at 10% per annum. How much money will she get on maturity.​

Answer 1

Answer:

si = 40000 ×3×10/100

= 12000

A = SI + P

= 40000+12000

= 52000

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Answer 2

Answer:

53,240

Step-by-step explanation:

Amount= P(1+R/100)T

P=40,000(Principal) R=10%(Rate of Intrest)

T=3(Time).

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