Ravi deposit rupees 12000 in a saving account which gives 3% interest rate and rupees 18000 to the account which is 5% interest rate how much money will have after 6 years in both of the account
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Step-by-step explanation:
S.I = P ×R×T / 100
then A/ Q
12000 × 3 × 6 / 100 + 18000 × 5 × 6 / 100
5400 + 2160 = 7560
Answered by
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Answer:
Formula for Simple Interest = (P*R*T) /100
Case :- 1
P = 12000₹
R = 3%
T = 6 years
(12000*3*6)/100 = 2160₹
S.I. = 2160₹
Total Amount = 14160
Case :- 2
P = 18000₹
R = 5%
T = 6 years
(18000*5*6)/100 = 5400₹
S.I. = 5400₹
Total Amount = 23400₹
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