if a deposit of ₹2000 earns an interest of ₹500 in 3 yrs, how much interest would a deposit of ₹36000 earn in 3yrs with the same rate of simple interest?
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Answer:
9000 Ruppess
Step-by-step explanation:
Interest earned on deposit of ₹ 2000 for 3 years = ₹ 500
Interest earned on deposit of ₹ 1 for 3 years = ₹ 500/2000
Interest earned on deposit of ₹ 36000 for 3 years = ₹ (500/2000) × 36000 = ₹ 9000
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