Question

Mr. Pathak invested Rs10,000/- in a cooperative bank at 2% per annum. How much more needs to be invested by him at 5% per annum to get 2.5% return on his total investment?
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Answer 1

Step-by-step explanation:

Dan pays 3000 to the bank

Step-by-step explanation:

we know Simple intrest=P×T×R÷100

given,

P=2500

T=2

R=5% per year, so for 2 years it will be

R=10%

S. I=2500×2×10÷100

S. I=500

then, total amount will be

Principal amount+simple intrest

total amount=2500+500

=3000

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Answer 2

Answer:

formula for this some is

PTR/100

P = 2500

T = 2

R = 5% , for 2 years 10%

R = 10%

then

P×T×R/100 = 2500 × 2 × 10 /100

= 500

principle amount + simple interest

=2500+500

= 3000