Question

neha deposited Rs 150 per month in RD account for 2 years. find amount payable on maturity if the rate of interest is 10% per annume​

Answer 1

Answer:

2160₹

Step-by-step explanation:

Principal=150×12=1800₹

Rate=10%

Time=2 yrs.

SI=P×R×T/100

SI=1800×10×2/100

SI=360₹

AMOUNT=P+I

AMOUNT=1800+360

AMOUNT=2160₹