Question

if a deposit of 2,000 ears an interest of * 500 in 3 years, how much interest would a deposit of * 36,000 earn in 3 years with the same rate of simple interest? 7.​

Answer 1

Answer:

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Step-by-step explanation:

If deposit of Rs 2000 earns in 3yr with an interest =Rs 500

Then, a deposit of Rs 1000 earns in 3yr with an interest =

2

500

=250

Similarly deposit of Rs 3600 i.e. Rs 36×1000 earns in 3yr with an interest =250×36=Rs 9000