Rs 8000 is invested in the bank at 5% interest rate p.a find the amount obtained at the end of 2 years
please answer me with explanation
Answers
Answered by
1
Answer:
8880 ruppes is the correct answer of this question
Answered by
2
Answer:
rs. 800
Step-by-step explanation:
Principal = rs. 8000
rate of interest p.a = 5%
time = 2 years
interest got in one year = rs. 400
therefore, interest got in 2 years = rs. 400 × 2
= rs. 800
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