vani saves her money in a bank. she saved rs 12 500 for 3 years the bank gives 12.5% interest. how much money she will get in total after 3 years?
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As per simple interest,
Interest=(P*T*R)/100
=>I=12500*3*12.5/100
=4687.5
Now total amount=interest+Principal amount
=4687.5+12500 =17187.5
Interest=(P*T*R)/100
=>I=12500*3*12.5/100
=4687.5
Now total amount=interest+Principal amount
=4687.5+12500 =17187.5
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