Seema had to pay 13,600 to the bank. What was the a the same year he withdrew the entire amount lying in his account. Find the amount bank gave to Rahul. Rahul deposited a sum of 7 10,000 at the rate of 4% p.a. in a bank on 11th January. On 18" of August in Calculate the interest on 3 7000 for 2 years at the rate of por compounded annually
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Answer:
GIVEN INFORMATIONS :-
(1) P = Rs. 10,000
(2) r = 4%
(3) t = 11th January to 18th August (219 days)
However, 219 days = 219/360 years
S. I. = Prt/100
=> S. I. = Rs. (10000×4×219)/(100×365)
=> S. I. = Rs. 240
Now, Amount (A) = S. I. + P
=> A = Rs. (240+10,000)
=> A = Rs. 10,240
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THUS THE AMOUNT BANK GAVE TO RAHUL IS Rs. 10240. \bold{[ANSWER]}[ANSWER]
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