Question

Ritu deposited rupees 12000 in a savings account which give 3% interest rate and rupees 18000 in an account which gave 5% interest rate how much money will she have after 6 year in both the accounts​

Answer 1

Answer:

The total money Ritu will have after 6 years in both accounts = Rs 37560 /-

Step-by-step explanation:

Case 1 : In Saving Account

Principal ( P ) = Rs 12,000

Rate ( R ) = 3 %

Time ( T ) = 6 years

Interest ( $I_{1}$ ) = $\frac{P*T*R}{100}$

                    = $\frac{12,000*6*3}{100}$

                    = Rs 2160

Case 2 : In Account

Principal ( P ) = Rs 18,000

Rate ( R ) = 5 %

Time ( T ) = 6 years

Interest ( $I_{2}$ ) = $\frac{P*T*R}{100}$

                    = $\frac{18,000*6*5}{100}$

                    = Rs 5400

The total money Ritu will have after 6 years in both accounts:

= Rs 12000 + Rs 18000 + Rs 2160 + Rs 5400

= Rs 37560 /-