Question

The meeting of the Meenkar Bank has just begun. Fazila is the president. Twenty fisherwomen have made their own bank. Each saves Rs 25 every month and puts it in the bank.
How much money does the group collect each month?
How much money will be collected in ten years?

Answer 1

each month 500

10 yr == 120 month  
so 500 x 120 60000

Answer 2

Answer:

● Each saves 25 per month.

●Twenty Fishermen madetheir own bank..

So

(a) 20 × 25 = 500

● So the group will collect 500 money each month...

(b) 120 × 500 = 60,000

● Each month the group collect 500 money so in ten years (i.e 120 months) they will collect 60,000.