Question

Rajesh invest 75,000₹ in the bank at the rate 8.5 % p.c.p.a. for 2 years found it's total amount​

Answer 1

Answer:

Principle(P)=RS75000

Rate(R)=8.5%

Time(T)=2years

Now,

Interest=PTR/100

             =75000×8.5×2/100

             =1275000/100

             =RS12750

Now,

Total amount=I+P

                      =RS12750+RS75000

                      =RS87750