Mr A deposited Rs 6500 in a bank for 219 days which pays 7% interest per year. Find the amount he will receiveA sum of Rs.460 is in the form of denominations of Rs. 5 and Rs.2. If the total number of notes is 95. Find the number of notes of each type
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Answer:
Principle=6500
Rate=9% per annum
Interest after 1 year
=
100
PRT
=
100
6500×9×1
=585Rs.
⇒ Total Amount=6500+585=7085 Rs.
Withdrawal after 1 year=12500
⇒ Remaining =7085−1250=5835Rs.
Total after next 2 years
Amount=5835(1+
100
9
)
2
=6932.56Rs.
⇒ Amount she will get after 3 years=6932.56Rs.
solution
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___________________________
●Principle=6500.
●Rate=9% per annum.
●Interest after 1 year.
●100PRT=1006500×9×1=585Rs.
●Total Amount=6500+585=7085 Rs.
●Withdrawal after 1 year=12500.
●Remaining =7085−1250=5835Rs.
●Total after next 2 years.
●Amount=5835(1+1009)2=6932.56Rs.
●Amount she will get after 3 years=6932.56Rs.
___________________________
Hope this will help u❤
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