Question

Rakesh deposited a certain amount in the bank for five years of a rate of interest of 8% per annum.He finally got interest of 200 What was the amount he deposited?​

Answer 1

Answer:

₹500 is the correct ans

Step-by-step explanation:

time = 5years

rate= 8%

S.I= 200

Sl= P×R×T/100

200= P×8×5/100

20000= 40 P

P= 20000/40

P= ₹500

Answer 2

hope it helps...thanks