Question

the meeting of women amra bank has has started madhuben is chairman the bank is estiblised by by twenty members every member saves rs. 25 per month and deposit it ro bank?

a) how many rupess are collected by this group in every month?

b) how many rupess will be collected in 10 years?​

Answer 1

Answer:

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Answer 2

Answer:

Money collected

a) every month = ₹500

b) 10 years = ₹60,000

Step-by-step explanation:

Given -

Twenty members deposit ₹25/member per month

To find -

How many rupees collected by the group in a month

and

How many many rupees will be collected in 10 years

Solution -

Money collected in one month = ₹25 per member

= ₹25×20

= ₹500

Money collected in 10 years

(1 years = 12 months, 10 years = 120 months)

so money in 10 years (120 months) = 120 × money in one month

= ₹ 120 × 500

= 60000

Hence The group will collect ₹500 in a month and ₹60,000 in 10 years.

hope it helps.