Question

ramesh invests ₹20,000 for 3 years at rate of 10% p.a. find the sum due to ramesh at end of second year​

Answer 1

Answer:

$6000$

is a correct answer please mark me brainlest and follow

Answer 2

Answer:

ᴘ = ʀs.20,000

Rate of interest = 10%

interest for the first year = PRT/100

20,000×10×1/100= 2000

Amount after first year = 20,000+2000 = 22,000

for second year principal = 22,000

Rate= 10%

T = 1 year

then interest of second part

22,000×10×1/100= 22,000 Ans.

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