Question

Mrs Mathur deposited 15000 in a mutual fund scheme not knowing how much interest she would get. After 6 months when she found that her money had grown to 16987.50 she happily deposited another 20000. in the fund. If the mutual fund continues to give the same rate of interest what is the total interest that Mrs Mathur would earn in her first year? PLEASE ANSWER THE QUESTION WITH STEP BY STEP EXPLANATION.​

Answer 1

Answer:

Total interest is 5300.

Answer 2

Answer:

yes total interested