Question

Ketan deposited ₹1200 in a bank for 10 years which earn him an interest at the rate of 8.5% p.a.find the amount ketan got after 10 years
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Answer 1

si=p*r*t/100

si=1200*8.5*10/100

si=1020

A=interest+principal

A=1020+1200

A=rs222O

So, the amount ketan got after 10years is rs2220