Question

Ramesh open a saving bank account on 23rd August 2003 with deposit of 3000 close account on 4th November 2003 if the bank paid him 8% interest for amount did he receive​

Answer 1

Answer:

here your answer.........

Step-by-step explanation:

I=ptr/100

here

p=3000

t=73 days=73/365=0.2

r=8%

I=3000*8*0.2/100

I=3000*8*2/1000=48

the amount did he receive after 4 the November

is

3000+48=3048

Answer 2

Given :

Ramesh opens a bank account on 23 rd August 2003 with deposit of 3000 .

He closed account on 4 th November 2003.

Interest paid by bank = 8 %

To find :

Interest for the amount he received..

Solution

I = ( P x T x R ) / 100

P = 3000

T = 73 days

= 73 / 100

= 0.2

R = 8%

I = ( 3000) × ( 0.2 ) x ( 8) / 100

= 600 x 8 / 100

= 48

3000 + 48 = 3048 RS

Hence Ramesh will receive 3048 RS.