Question

kripa deposited rs60000 at the rate of 4% in saving account .after 5 yrs she withdrew rs.20000 and total interest 5 yrs.how long should she keep the remaining amount to get total interest of rs. 16800 from the begining​

Answer 1

total amount deposited = ₹60000

interest rate= 4%

total interest = 60000*4%=2400

for 5 years = 2400*5 =12000

to make interest 16800 it takes 2 more year i.e. 2400*7 = 16800

answer is 7 years.