Mrs. Singh's deposited Ta 10,000 in a post office saving bank at an interest of 3 percent per annum.How much will she receive at the end of 4th month
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Answer:
P=10000
r=3%
n=4month
I = P×n(n+1)×r/2×12×100
10000×4(5)/2×12×100
cancel till it possible
I = 50×5 = 250
MV= P×n+I
10000×4+250
40000+250
40250:. answer.
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