Question

Omi deposits Rs 75000 in a saving bank account.the bank pays interest at the rate of 5 percent per annum.Find the interest received by Omi on the above sum after 2 years.

Answer 1

Answer:

7500

Step-by-step explanation:

For SI

• PRT/100
• (75000*2*5) /100
• 750*2*5
• 1500*5
• 7500