Question

Priyanka deposited Rupees 6500 Mein bank which pays him 9% per annum interest she withdraw rupees 1000 250 after the end of the first year amount will she get after 3 years​ explain step by step

Answer 1

P=6500, r=9%per annum

Amount of 1 year = (6500×9×1)/100

                            = (65-9)

                            =585

Amount after 1 year = (6500 + 585)= 7085

Balance amount = (7085-1250)

=> 5835

Now,

Interest for next two years balance amount

=> (585×9×2)/100

=> 1050.30

Hence,The amount after 3 years

=> (5835+1050.30)

=> 6885.30

#BeBrainly