Question

Rahul deposited Rs. 15625 in a bank for 2.5 years. Find the amount that he will get at the end of 2.5 years at the rate of 8%​

Answer 1

Answer:

principal = rs.15625

time = 2.5 years

rate = 8%

firstly find simple interest and then amount.

s.i = principal × rate × time /100

s.i = 15625×2.5×8%/100

now cutting

the answer that will come that is simple interest.

now to find the amount.

amount = simple interest + principal

now add both simple interest and principal

the answer that will come that is your amount...