sohand deposited₹ 1,530 in bank for 5 years. If the rate of interest is 8% find out the amount he will get from bank after 3 years.
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At a rate of 8 % per Annum
The annual interest will be 122 rupees
In 5 years the interest will total to 610 rupees.
Therefore the total amount after 5 years will be 1530+610
= Rupees 2140.
Hope I helped
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