Question

Mr Kennan had deposited RS 2500 in a bank at 12% per annum after 7/2 years he withdraws this amount out of this money he wants to buy a dressing table costing RS 4000 how much more money does he need​

Answer 1

Answer:

Ans=Rs450

Step-by-step explanation:

principal =2500

interest rate =12%

time=7/2yrs

I=ptr/100

I=2500*12*7/100*2

i=1050

Amount =p+i

=2500+1050

=3550

money he needs= 4000-3550

=450