dinesh deposited 2600rs in a bank for 5 years at 16% per annum . Find – InterviewSolution

1.	dinesh deposited 2600rs in a bank for 5 years at 16% per annum . Find total amount to be received by him after 5 years
Answer» P = ₹2600T = 5 yearsR = 16%So,SI = P × T × R / 100 = 2600 × 5 × 16 / 100 = 2600 × 5 × 16 / 100 = ₹2080Hence , Amount = P + I = ₹ 2080 + 2600 = ₹ 4680

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