Question

Sameer puts ₹10,000 into a savings account for one year. If the bank gives him 9.6% pa simple interest for the first 8 months and 9% pa simple interest for the next four months, what amount will he
get after one year?

Answer 1

Answer:

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Answer 2

Answer:

10000*9.6*8/100

10000*96*8/100*12*10

10*8*8=640

10000*9*4/100*12

100*3=300

640+300=940

10000+940=10940