Question

If Pankaj deposits 1,50,000 rupees in a bank at 10p.c.p.a. for two years, what is the
total
amount he will get from the bank?​

Answer 1

Pankaj will get the total amount of 180000 rupees from the bank.

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Answer 2

Answer:

P = 1,50,000

R = 10 p.c.p.a

T = 2 years

S.I = $\begin{gathered}:\implies\sf\dfrac{ P × R × T}{ 100} \\ \\ \\ :\implies\sf\dfrac{ 1,50,000 × 10 × 2}{100}\\ \\ \\ :\implies\sf{ 1500 × 10 × 2}\\ \\ \\ :\implies\sf{15,000× 2} \\ \\ \\ :\implies\sf{ 30,000}\end{gathered}$

Therefore , Simple interest = 30,000

We need to find amount

Amount = S.I + P

= 1,50,000 + 30,000

= 1,80,000

Therefore , pankaj will get ₹1,80,000 from bank