mr gupta deposit 2000 rs in his saving account the interest on the amount is 4% per annum how much money will mr. gupta have at the end of 18 months?
help plese
Answers
Answered by
0
Answer:
Step-by-step explanation:
deposite money by mr gupta = ₹2000
4℅ of deposit amount per annum/12 months = 4/100×2000 = ₹80
6 month amount in rupee = 80/2 =40
money at the end of 18 months = 2000+80+40 = ₹2120
Answered by
1
Answer:
2120
Step-by-step explanation:
p=2000
t=18 months=1 1/2 years= 3/2 years
r=4%
I=ptr/100
=2000 X 3/2 X 4/100
=10 X 3 X 4
=120
a=p+I
= 2000+120
=2120
money will mr. gupta have at the end of 18 months =2120
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