Mr.Singh invests Rs.60000 in a mutual fund which grows at the rate of 15% per annum.What is the sum by which his money will grow in 3 years.
Answers
Answered by
9
solve
p=60000
r=15%
t=1year
SI=p×r×t
SI=60000×15×1÷100
SI=9000
Amount=60000+9000=69000
A/q
p=69000
r=15
t=3year
SI=p×r×t
SI=69000×15×3÷100=31050
Amount = 69000+31050=100050
some of money grown in 3 year 100050
Answered by
4
Answer:
The answer is ₹ 31,252.50 . I didn't know the process.
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