Question

mr D.Das invests rs 300 every month in a bank and collect rs 10395 at the end of 30 months find the rate of simple interest paid by tge bank on this recurring deposit​

Answer 1

Answer:

12 %rate

Step-by-step explanation:

First we will find the money which he had paid by monthly investment*time which will be equal to 9000 then we will find the interest by subtracting the money invetsted by maturity money he got

Then we will simply use the formula of intrest and put all the values and by the calculation we will be getting the rate by the bank

Answer 2

Answer:

study well dear and don't be confused