Priyanka deposit Rupees 6500 in a bank which pays 9% per annum interest she withdrawal rupees 1250 after the end of the first year what amount will she get after 3 years
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Principle=6500
Rate=9% per annum
Interest after 1 year= 100PRT= 100
6500×9×1
=585Rs.
⇒ Total Amount=6500+585=7085 Rs.
Withdrawal after 1 year=12500
⇒ Remaining =7085−1250=5835Rs.
Total after next 2 years
Amount=5835(1+ 1009 ) 2
=6932.56Rs.
Amount she will get after 3 years = 6932.56Rs.
here is the solution
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