Question

Poona deposit 50000 rupees in a bank for 6 year if the bank pays intereat at the rate of 6%, per annum how much amount Will Poona get back after 6 years?​

Answer 1

Answer:

50000×6×6/100=6000 amount=6000+50000=56000

Answer 2

Step-by-step explanation:

first of all you need to calculate the Simple Interest

SI= (principal×rate×time)/100

SI= (50000×6×6)/100

SI=18000

Amount = SI+principal

amount=50000+18000

amount=68000