Question

Q21. Raju deposited 3,500 in a bank at 12 % interest per annum. He withdraws his
money after 242 years out of this amount, he buys an almirah for 4,000. How
much money is left with him?
4x4 = 16​

Answer 1

Answer:

Step-by-step explanation:

So in year 2, the 1st 6 months produce 5%, ie 250 Rs interest. In the 2nd 6 ... But after 1 year, bank has changed the policy and decided to pay semiannual CI at the same rate