Shrikant deposited rupees 35000 in a bank for 3 years at 9 pcpa at the the end of the period total amount returned by bank is rupees _____
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2
Answer:
Principal (P) = 85000 rupees,
Rate of interest (R) = 7%
Time (T) = `2 1/2` years
= `5/2` years
Total interest (I) = `("P"xx"R"xx"T")/100`
= `(85000xx7xx5)/(2xx100)`
= 14875 rupees
Hence, Shrikant will receive 14875 rupees as interest from the bank.
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1
Answer:
14875 is youranswer mate☺☺
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