1.

Mr Tarun deposits an amount of Rs 23000 to obtain a simple interest at the rate of 13% p.a. What total amount will he get at the end of 9 years ?

Answer»

RS. 49910



SI obtained by Tarun
= 23000 X 13 x 9/100 = Rs 26910
Therefore, TOTAL amount = 23000 + 26910 = 49910



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