Question

Sunita deposited Rs10000 in a bank on 1 January 2002 She withdrew the total amount on 30 June 2005 .If the bank pays a simple interest of 5% per annum,What total amount will she get at end of the period? Round off your answer to a rupee​

Answer 1

Answer:

250

Step-by-step explanation:

Deposit = ₹ 10,000

Rate = 5%

Period = 01-01-2002 to 30-06-2002

i.e. for '6' months

SI = P × I ×T

SI = 10,000 × (⁵/₁₀₀) × (⁶/₁₂)

SI =250