Neeraj opend a saving bank account on 23rd April,2016with a deposit of ₹2600.He closed his account 4th july of the same year.If the bank paid him 6%interest ,what account did he receive
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Step-by-step explanation:
P = ₹2600
T = 72/360 = 1/5 yrs.
R.O.I. = 6%
S.I. = P*T*R = 2600 * 1 * 6/5*100
= ₹31.2
Amount = ₹2600 + ₹31.2 = ₹2631.2
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