keshav deposited 15,000 in a bank under the fixed deposit scheme for a
period of 7 years. If the rate of interest is 8 % per annum, what will be the
amount that Keshav gets after 7 years?
Answers
Answered by
2
Answer:
principal=15000
rate=8%
time=7yrs
SI=P x R x T/100
=15000 x 8 x 7 / 100
= 150 x 8 x 7
=8400
amount = principal+interest
= 15000 + 8400
23400
Answered by
3
Answer:
principle- 15000
Rate -8%
time-7 years
Simple interest
P×T×R
15000×7×8
100
150×7×8
8400
simple interest = 8400
Amount = SI +Amount
8400+15000
23400
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