Kanta deposited RS 40,000 for one year in a fixed deposit with a bank .If the bank pays 8% interest per annum and the interest is calculated half-yearly, what amount will she get after one year?
Answers
Answered by
0
Answer:
SI =P×R×T/100
SI=40,000×8×1/100
=3200
Hence, the Simple interest is RS. 3,200.
Similar questions