Question

pankaj deposited rs 30000; at the rate of 9 p.c.p.anin a bank for some years at the end of the period he received altogether rs.381000.for how many years he had deposited the money?​

Answer 1

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P=1,50,000,r=10%,t=2

A=P(1+ r/100 )^t

=1,50,000(1+ 10/100 )^2

=1,81,500

Hence, he will get Rs.1,81,500 from the bank.

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Answer 2

Answer:

P=1,50,000,r=10%,t=2

A=P(1+ r/100 )^t

=1,50,000(1+ 10/100 )^2

=1,81,500

Hence, he will get Rs.1,81,500 from the bank.