I deposited rs 5000 at 8% for 2 years in bank. how will I get after 2 years?
Answers
Answered by
7
Step-by-step explanation:
in simple int. -
5000×8/100 × 2 =800₹
in compound int.-
5000× 8/100 = 400 ×2=800
400×8/100 = 32×1=32
total in c.i = 832
so in s.i you get total = 5800₹
and in c.i you get total = 5832₹
Answered by
4
Step-by-step explanation:
in simple int. -
5000×8/100 × 2 =800₹
in compound int.-
5000× 8/100 = 400 ×2=800
400×8/100 = 32×1=32
total in c.i = 832
so in s.i you get total = 5800₹
and in c.i you get total = 5832₹
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