Question

Mr.parel deposits rs 500 in a bank at the begining of the first year,rs530 at the beginning of the second year and ₹550 at the beginning of the third year. The bank pays 8%per annum simple interest. What will be the amount in his account at the end of the third year

Answer 1

at the end of third year 1706.4 rupees will be there in hi account