Question

Pathak invested Rs10,000/- in a cooperative bank at 2%per annum. How much

, more needs to be invested by him at 5% per annum to get 2.5% per annum on his total

investment?​

Answer 1

Answer:

Step-by-step explanation:

Dan pays 3000 to the bank

Step-by-step explanation:

we know Simple intrest=P×T×R÷100

given,

P=2500

T=2

R=5% per year, so for 2 years it will be

R=10%

S. I=2500×2×10÷100

S. I=500

then, total amount will be

Principal amount+simple intrest

total amount=2500+500

=3000