Mr. Kannan had deposited
2500 rupees in a bank at 12% per annum. After three and half years, he withdraws this amount. Out of this money, he wants to buy a dressing table costing 4000 rupees. How much more money does he need.
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Answered by
9
percentage of interest in 3 and half years = 42
total interest =1050
now total amount he have = 3550
money he need = 4000-3550 = 450
Answered by
10
Answer:
kannan needs Rs.450 more money needs to buy a dressing table
interest amount I= Rs.1050
amount = Rs.3550
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