Priyanka deposited ₹6500 in a bank which pays 9% per annum interest. She withdrew ₹1250 after the end of the first year. What amount she will get after 3 Years?
Answers
Answer:
Step-by-step explanation:
P=6500,r=9%per annum
Amount of 1 year = rs (6500×9×1)/100
=rs(65-9)=585
Amount after 1 year = rs (6500+585)=rs 7085
Priyanka withdrew rs 1250 after 1 year
Balance amount = rs (7085-1250)
=rs 5835
Now,
Interest for next two years balance amount
= rs (585×9×2)/100=rs 1050.30
Hence,The amount after 3 years
Rs (5835+1050.30)= rs 6885.30.
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Answer:
My answer is
Step-by-step explanation:
Step-by-step explanation:
P=6500,r=9%per annum
Amount of 1 year = rs (6500×9×1)/100
=rs(65-9)=585
Amount after 1 year = rs (6500+585)=rs 7085
Priyanka withdrew rs 1250 after 1 year
Balance amount = rs (7085-1250)
=rs 5835
Now,
Interest for next two years balance amount
= rs (585×9×2)/100=rs 1050.30
Hence,The amount after 3 years
Rs (5835+1050.30)= rs 6885.30.
I hope it will help you
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