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.
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?
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Answer 1

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.

Answer 2

• Each saves 25 per month
• Twenty fisherman their own bank

a) 20*25=500

• So the group will collect 500 money each month.

b) 120*500=60,000