Neha deposited Rs 8000 in a bank at the rate of 6 p.c.p.a. How much money will she get at the end of the year?
Answers
Answered by
0
Answer:
Neha had deposited 8000 in a bank.
the rate ofb6 p.c.p.a
Step-by-step explanation:
deposited price
_______________
rate of price
8000
______
6
=1333.
end of the year she will get :- rs 1333
Answered by
6
Answer:
At the end of year she gets Rs.8,480
Step-by-step explanation:
Given:
Amount of money Neha deposited in the bank (P) =Rs.8000
Rate of interest (r ) =6% p.a
Time ( t ) = 1 yr.
Simple Interest = ( P × r × t ) /100
= ( 8,000 × 6 × 1 ) /100
=480 Rs.
Amount of money she gets at the end of yr.is amount
Amount ( A ) = Principal + Simple Interest
= 8,000 + 480
=8,480 Rs.
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