what amount of interest will be received when Rs6000 is deposited in a bank for 2 years @6% p.a, if 2% income tax should be paid to the bank? Find it.
Answers
Answered by
0
Answer:
Step-by-step explanation:-
GIVEN DATA
- principle (P) =6000
- RATE (R) = 6% pcpa @
Time (T) = 2 year
Amount = p*{1+R/100}n
A = 6000 *53/50*
12*53*53/5
ANS = RS 6741.5
Similar questions