Question

o. Irfan deposited 42000 in two bank accounts. He deposited
deposited 27.000 in one account which gives him 9 1/2%
simple interest per annum and the remaining in another account which gives 11 per annum
How much interest will he receive after 3 years?​

Answer 1

Rs  13635  interest Irfan  will  receive after 3 years

Step-by-step explanation:

deposited 27.000 in one account which gives him 9 1/2%

simple interest per annum

P = 27000

R = 9.5 %

T = 3 Years

Simple interest = 27000 * 9.5 * 3/100 = 7695 Rs

45000 - 27000 = Rs 18000

R = 11  %

T = 3 Years

Simple interest = 18000 * 11 * 3 /100 = 5940 Rs

Total Interest = 7695 + 5940

=  13635 Rs

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