Radhika deposited rupees 5,000 in a bank on 5th January 2011 she withdraw the total amount on 31st May 2011 if the bank pay simple interest of 6% per annum then what amount does she get
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Answered by
9
principle is 5000
interest is 6%
now you have to only calculate the the time between 5th January 2011 and 31st may 2011 I think it will be as 2011 was not a leap year
the time=145 day
convert it to year and then simply
=p×r×t/100
interest is 6%
now you have to only calculate the the time between 5th January 2011 and 31st may 2011 I think it will be as 2011 was not a leap year
the time=145 day
convert it to year and then simply
=p×r×t/100
Answered by
3
radhika get total amount = "5500"
I hope it will help you..
I hope it will help you..
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