Question

Ramesh deposited rupees 4000 in a bank at 4% per annum. What amount will be get back after 2 year 9 months​

Answer 1

Answer:

P= 4000 rs.

R= 4%

time= 33 months

I= 4000×33×34×4/2400

I= 7480 rs.

Now, A= Pn+I

A= 4000×33+7480

A= 1,39,480 rs.