Question

if pankaj deposits 150000 rupees in a bank at 10 p.c.p.a for two years, what is the total amount he will get from the bank

Answer 1

☆Hello friend☆

Simple Imterest= P× R/100 × T
= Rs 150000× 10/100× 2
= Rs 15000×2
= 30000

Amount= S.I + Principal
= Rs ( 150000+30000)
= Rs 180000

_______Hope it helps_______

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