Babu deposited 25000 Rs in a bank,which gives 15% interest.How much would he get back after two years?
She deposited ?25000
Interest= 15% per annum
Time= 2 years
Simple interest = money deposited? interest? time? 100= 25000?15?2?100
= 750000?100= ?7500
Total money= simple intrest + money deposited= ?25000+?7500=?32500
Interest= 15% per annum
Time= 2 years
Simple interest = money deposited? interest? time? 100= 25000?15?2?100
= 750000?100= ?7500
Total money= simple intrest + money deposited= ?25000+?7500=?32500