Question

soma aunt deposit Rs 620000 in such way in three bank at the rate of simple interest of 5% per annum for 2year 3year 4year respectively so that the total interest in 3 bank are equal Let us calculate the sum of money deposited in 3 bank​

Answer 1

Answer:

Soma bua deposit =Rs 620000

rate=5%

time=2 year

1st case -

Simple interest = P×100 \ 100×RT

= 6200000\100×2×5

S .I = 62000 Rs

2nd case -

SI = 620000×100\100×3×5

= 62000000\1500

= 412300 ...

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