Mrs. Gupta deposits $R s 10, 000$ in a bank for $5 y e a r s$ at the rate of $1.5 %$ per month. How much money did she get at the end of that period?

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Solution

Given:
$P = R s 10, 000 R = 1.5 % p e r m o n t h = 1.5 \times 12 % p . a . = 18 % p . a . T = 5 y e a r s n o w, S I = \frac{P \times R \times T}{100} = \frac{10000 \times 18 \times 5}{100} = R s 9000 A = P + S I = 10000 + 9000 = R s 19000$
Therefore, She got $R s 19000$ at the end of that period.

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Mrs. Gupta deposits Rs10,000 in a bank for 5years at the rate of 1.5%per month. How much money did she get at the end of that period?

Given: P=Rs10,000R=1.5%permonth=1.5×12%p.a.=18%p.a.T=5yearsnow,SI=P×R×T100=10000×18×5100=Rs9000A=P+SI=10000+9000=Rs19000Therefore, She got Rs19000at the end of that period.

Mrs. Gupta deposits $R s 10, 000$ in a bank for $5 y e a r s$ at the rate of $1.5 %$ per month. How much money did she get at the end of that period?

Given:
$P = R s 10, 000 R = 1.5 % p e r m o n t h = 1.5 \times 12 % p . a . = 18 % p . a . T = 5 y e a r s n o w, S I = \frac{P \times R \times T}{100} = \frac{10000 \times 18 \times 5}{100} = R s 9000 A = P + S I = 10000 + 9000 = R s 19000$
Therefore, She got $R s 19000$ at the end of that period.