Rahul opened a saving bank account with a bank on 1-2-2006 with a cert – InterviewSolution

InterviewSolution

1.	Rahul opened a saving bank account with a bank on 1-2-2006 with a certain amount interest is credited to his account at the end of june and december every year and the rate of interset is 5% perannum .If the sum of the minimum balance up to the end of june is Rs 2000 then the interest that Rahul gets at the end of june 2006 is ____________
Answer» RS 8.01 Rs 8.33 Rs 8.20 Rs 8.40 Solution :USE the FORMULA to find SIMPLE INTEREST

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