R

Ramakant wants to earn Rs. 1500 interest on his deposits. He plans to buy a sack of grains with the interest. He puts Rs. 5,000 into his account that earns 2.5% interest. How long will he need to leave his money in the account to earn this interest that would help him buy the sack of grains ?

August 18, 2021

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August 18, 2021

1 Min Read

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Answer : C . 12 years

Simple Interest

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A

Alok deposits Rs.5000 in his bank account for 5 years to earn an interest of 12%. What amount will he get after 5 years ?

August 18, 2021

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August 18, 2021

1 Min Read

0 130

Answer : D . 8000

Simple Interest

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