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प्रश्न
Shrikant deposited 85,000 rupees for `2 1/2` years at 7 p.c.p.a. in a savings bank account. What is the total interest he received at the end of the period?
उत्तर
Given:
Principal (P) = 85000 rupees,
Rate of interest (R) = 7%
Time (T) = `2 1/2` years
= `5/2` years
Formula:
Total interest (I) = `("P"xx"R"xx"T")/100`
Solution:
I = `(85000xx7xx5/2)/(100)`
= `(85000xx7xx5)/(2xx100)`
= 14875 rupees
Hence, Shrikant will receive 14875 rupees as interest from the bank.
संबंधित प्रश्न
A page from the Savings Bank Account of Mr Prateek is given below:
Date | Particulars | Withdrawal (In Rs.) |
Deposit (In Rs.) |
Balances (In Rs.) |
January 1st, 2006 | B/F | - | - | 1270 |
January 7th, 2006 | By Cheque | - | 2310 | 3580 |
March 9th, 2006 | To Self | 2000 | - | 1580 |
June 26th, 2006 | By Cash | - | 6200 | 7780 |
June 10th 2006 | To Cheque | 4500 | - | 3280 |
July 15th, 2006 | By Clearing | - | 2630 | 5910 |
October 18th, 2006 | To Cheque | 530 | - | 5380 |
October 27th, 2006 | To Self | 2690 | - | 2690 |
November 3rd, 2006 | By Cash | - | 1500 | 4190 |
December 6th, 2006 | To Cheque | 950 | - | 3240 |
December 23rd, 2006 | By Transfer | - | 2920 | 6260 |
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Fill in the blanks in the table.
Principal | Rate of interest (p.c.p.a.) | Time | Interest | Amount |
...... | 5% | ...... | 6000 | 18000 |