ICSE Class 10 Answered
If a man got 6 persent rate of interst from a bank he gives in the bank 1000rs per month so in the end of the year he will got how much amount
Asked by Sanjaykumargupta29698 | 11 Jun, 2019, 21:52: PM
r = 6%, P = Rs. 1000, n = 1 year = 12 months
![begin mathsize 16px style straight A equals Pn plus fraction numerator Pn left parenthesis straight n plus 1 right parenthesis straight r over denominator 12 cross times 100 end fraction
straight A equals 1000 cross times 12 plus fraction numerator 1000 cross times 12 cross times 13 cross times 6 over denominator 24 cross times 100 end fraction
straight A equals Rs. space 12390 end style](https://images.topperlearning.com/topper/tinymce/cache/8106477312842ee5740ae0fd82d080ae.png)
Answered by Sneha shidid | 12 Jun, 2019, 10:56: AM
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