Question

he deposited rupees 50000 at the rate of 4% in saving account after 5 years with rupees 10000 and total interest of 5 years how long should he keep the remaining of amount to get total interest rupees 14800 from the beginning​

Answer 1

Answer:

3 more years

Step-by-step explanation:

simple interest(SI)=50,000

Rate of interest(R)=4% per year

principle(P)=50,000-10,000

                  =40,000

SI for 40,000 will be

=4800=40,000*T*4\100

T=4800*100\40,000*4

therefore, T=3

                     ans