Question

suresh has a deposite 18000 in a bank at 10 percent annum for 3 years. find out the naturity value of deposite.

Answer 1

Answer:

23400

Step-by-step explanation:

for simple interest PNR/100

P=18000

R-10%

N-3yrs

S.I= 18000*3*10/100

S.I=5400

S.I +P= Maturity. amount

5400+18000=23400rs

Hope it is useful.....