Sudhir deposits ` 2000 in a saving bank account. The Bank pays interest at the rate of 5% per annum.
What amount can Sudhir gets after one year?
Answers
Answered by
4
Answer:
10
Step-by-step explanation:
P=2000
R=5%
T=1
SI=2000×5×1÷100
SI=10%
Answered by
109
Question :
Sudhir deposits ₹ 2,000 in a saving bank account .The bank pays interest at the rate of 5% per annum. What amount can we get after one year?
Solution :
Interest on ₹ 100 for one year = ₹ 5
∴ Interest on ₹ 1 for one year =
∴ Interest on ₹ 2000 for one year =
∴ Amount
∴ Sudhir will get 2100 after 1 year .
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