What amount should be deposited in a bank to earn ₹6,000 per annum when the rate of interest is 12% per annum? ?
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Answered by
0
Answer:
Principal = ₹6000
Time = 1 year
Rate = 12% p.a
Interest = P × R ÷ 100 × T
Interest = 6000 × 12 ÷ 100 × 1 ÷ 12
Interest = 6000 ÷ 100
Interest = 60
Amount = Principal + Interest
Amount = ₹6000 + ₹60
Amount = ₹6060
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Answered by
1
Answer:
earn= 6000
time= 1 year
interests=12% p.a
principal= S.I × 100/T×R
= 6000×100/12×1
=50000
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