Question

If Rohan deposits 150000 rupees in a bank at 8 p.c.p.a. for 3 years what is the total amount he will get from the bank ?​

Answer 1

s.I =( p×t×r)/100

p=150000

t= 3years

r= 8%

s.I. = (150000×3×8)/100

S.I.= 36000

AMOUNT= PRINCIPAL +S.I

AMOUNT= 150000+36000

Amount = 186000