Santosh deposited a sum of Rs 6000 in a bank. The rate of interest given by the bank is 7% per year.ii) If he withdraws his whole money, how much did he get from the bank altogether?
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A person deposited a sum of Rs. 6000 in a bank at 5% per annum simple interest. Another person deposited Rs. 5000 at 8% per annum compound interest. After two years the difference of their interest will be -
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Answer
Correct option is
B
Rs .232
C.I. for 1 person =
100
6000×2×5
=Rs.600
C.I. for II person =5000[(1+
100
8
)
2
−1]
=5000×[
25
27
×
25
27
−1]
=5000×[
625
729−625
]
=
625
5000×10
Answered by
1
Answer:
600 multiply 7 presentage multiply 2 year anser ayega
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