Mrs Malhotra deposited her provident fund of 75,00,000 in a bank for 5 years at
the rate of 8% pa. How much money will she receive at the end of 5 years? with solution
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p= Rs75,00,000
T= 5 years
R=8% p.a.
I=P×R×T/100
=75,00,000×8×5/100
=30,00,000
Amount=Rs75,00,000+Rs 30,00,000
=Rs 1,05,00,000
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