Question

(Vikram, 2010) Ans. 019)
6. Mr. Patel deposits 500 in a Bank, at the beginning of the first year, 530 at the beginning of the
second year and * 550 at the beginning of the third year. The bank pays 8% per annum simple
interest. What will be the amount in his account at the end of the third year? [Ans. * 1,828.80]​

Answer 1

Answer:

Step-by-step explanation:

SI for 500 =500×3×8/100.

SI for 530= 530×2×8/100

SI for 550= 550×1×8/100

So total SI = 8(500×3+530×2+550)/100=248.8

Answer 2

Answer:

(1)s.i = 500×3×8/100

(2)s.i=530×2×8/100

(3)s.i = 550×1×8/100

total s.i =8(500×3+530×2+550×1)

=248.8

A=p+s.i

=1580+248.8

=1828.8__ansr