Question

stephan deposits 4800 in a saving bank the bank gave a simple interest of 12% per annum if he withdrew all money after nine months how much did he withdraw

Answer 1

Answer:

Principle= 4800

Rate of interest = 12% p. a.

Time= 9 yrs

Therefore s. i. = p x r x t/ 100

4800x9x12/100 = 5184

Therefore simple intrest = 5184

Amount = 4800 + 5184= 9984

Step-by-step explanation:

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