Question

Virendra Depoisted rw 41000 in a bank for one year he got Rs 1200 as the interset at the end of the year find the total amount he would receive at the end of the year.

pls tell me in define solution ​

Answer 1

Answer:

Here, n= the number of months for which the money is deposited =2×12=24

r=6%, I= Rs. 1,200

∴ The amount of maturity = Total money deposited + interest

=24×800+1,200

= Rs. 20,400

Step-by-step explanation:

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