Mr Sanjay deposited rupees 15000 in the bank for his 5 year old daughter as he wishes to give his daughter the amount of rupees 21000 on her 13th birthday at what rate of interest should the money be invested.
abdulrehmanraja786:
are u satis fied
Answers
Answered by
68
5 to 13 years = 8 year interest
interest amount = 6000
rate of int p.a = 750
750×100/ 15000= 5%
or
s i = p ×r × t /100
= 15000× r × 8 / 100 = 6000
r = 600000 / 120000 = 5%
interest amount = 6000
rate of int p.a = 750
750×100/ 15000= 5%
or
s i = p ×r × t /100
= 15000× r × 8 / 100 = 6000
r = 600000 / 120000 = 5%
yes
okk
abhi ek question or post kia h
please uska bhi answer de do
Answered by
8
Answer:
Step-by-step explanation:
interest amount = 6000
rate of int p.a = 750
750×100/ 15000= 5%
or
s i = p ×r × t /100
= 15000× r × 8 / 100 = 6000
r = 600000 / 120000 = 5%
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