Question

if Rihanna deposits Rs 1500 in school's saving bank at 9 p. c. p. a for 2 years . what total amount will she get ?​

Answer 1

Principal(P) =1500 Rs.

Rate of interest(R) =9%

Time(T) =2 years

Total Interest(I) = PRT

_____

100

= 1500×9×2/ 100

= 270 Rs

Now, total amount =P+I =1500+270=1770 Rs.