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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Thanks for the free points.
The answer is of the question (5000)
The answer is of the question (5000)
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Answer:
₹ 44450
Step-by-step explanation:
Principal (P) = ₹35000
Rate = 9 %
time = 3 yrs.
SI = PRT/100
= (₹35000×9×3) / 100
= ₹ 945000 ÷100
= ₹ 9450
Now,
Amount returned = P + SI
= ₹(35000+9450)
= ₹ 44450
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