Question

Ravi opened his account in a bank by depositing Rs.
136000.Next day he withdrew Rs. 73129 from it. How much
money was left in his account?

with process​

Answer 1

Step-by-step explanation:

It is not clear when the interest will be credited - whether at the end of the year or every month or only at the end of 5 years Since the ROI is 8%, I will presume the interest will be credited at the end of every year.

Year Deposit Interest

1 480 38.40

2 960 76.80 ( Including thedeposit of 1st year)

3. 1440 115.20

4. 1920 153.60

5 2400 192

Total Interest would be Rs.576 ( 38.40+76.80+115.20+153.60+192 )

Total amount = 5*12*40 = 2400 +576 = 2976

Answer 2

Rs.62871 is left in the account

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