Question

Sanjay deposited 2000 in a financial institution on 28th March, 2017 and closes his
account on 9th June, 2017. If the institution pays an interest at 9% per annum, what
amount does Sanjay get?
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Answer 1

Answer:

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Explanation:

p-20000

time- 28/03/2017 to 9/07/2017

,125 days/365 days

R-9 per year

simple interest - p x r x t/100

- 20000 x 9 x 125 x / 100 x 365

- xxyv

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