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2 poir 2) Shrikant deposited 12000rupees for 10 years at 5 p.c.p.ain a saving bank account. Whatis the total interest he receivedat the end of the period? *O 6,000 rupeesO 18,000 rupeesОООO 24,000 rupees60,000 rupees |
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Answer» Total INTEREST = ₹6000Step-by-step EXPLANATION:deposited cost = ₹12,000time = 10 YEARS rate of interest = 5%total interest = ?total interest = 12000 × 10 × 5 ____________ 100 = 120 × 50 = ₹6000 |
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