Puri had invested a certain sum of money in a bank
at 4.5% per annum. The bank reduced the rate of
interest by 0.5% p.a. Puri withdrew 4,000 from
account. At the end of the year, the interest he got
was * 200 less than what he would have got had the
bank not reduced the interest rate and he had not
withdrawn 4000. Find the original deposit.
Answers
Answer:
original deposit was 8000.
Step-by-step explanation:
hope it may help you.
Don't follow me but plzz mark it as brainliest.
thank u.
the original deposit. = 8000
Step-by-step explanation:
Let say Original Deposit = 1000P
Interest = 1000 P * 4.5 * 1 /100 = 45P
withdrew 4,000 from account
Remaining Amount = 1000P - 4000 = 1000(P - 4)
Rate of interest = 4.5 - 0.5 = 4
Interest = 1000(P - 4) * 4 * 1 /100 = 40(P - 4)
= 40P - 160
45P - 200 = 40P - 160
=> 5P = 40
=> P = 8
1000P = 8000
the original deposit. = 8000
Learn More:
find the simple interest when rate is 5% half yearly for 2.5 years ...
https://brainly.in/question/8681090
The simple interest on a sum for 5 years is 2/5 of the sum. The rate ...
https://brainly.in/question/7305838
If a certain sum at a certain rate of simple interest amount to rs. 3810 in
https://brainly.in/question/7763915