Question

solve question .(step by step)​

Answer 1

Answer:

25862.07

Step-by-step explanation:

Let the least money to be deposited be x

Then, his simple interest is x×2×8/100

Then,x+x×2×8/100=30000/-

According to the question

x+x×2×8/100=30000

x+4x/25=30000

Or,25x+4x/25=30000

Or,29x/25=30000

Or,x=30000×25/29=25862.07

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