Monu deposited Rs. 7500 in a bank but withdrew Rs. 2000 after 2 years. At the end of 5 years, he received Rs. 7390. Calculate the rate of interest paid by the bank.
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Answer:Mohan deposit amount = Rs 2000
He withdrawns next day = Rs 1642
therefore, the balance =
2000
−
1642
=
358
2000−1642 = 358
thus, the balance in Mohan's account after withdrawal = Rs 358
Step-by-step explanation:
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