Question

mahesh deposited ₹8650in the bank at a rate of 6 p. c. p. a. how much money will he get at the end of the year in all?​

Answer 1

Answer:

probably 9169 as 8650 + 519(yearly interest) = 519

Answer 2

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Here, P = Rs.8650 , R = 6% , N = 1 years

Total Interest = $\sf \frac{P \times R \times T}{100}$

$\leadsto\sf{ \frac{8650 \times 6 \times 1}{100}}$

$\leadsto\sf{ \frac{51900}{100}}$

$\leadsto\sf{519}$

= 519 rupees

Now Total Amount = P + I

= 8650 + 519

= 9169 rupees

Hence, Mahesh will the total amount of 9169 rupees.