Question

Mr Gupta deposited 2000 in his saving account. The interest on the amount is 4%pe annum.How much money will mr Gupta have at the end of 18th month ​

Answer 1

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