begumnurnahar08
Answered

a bank offers a simple interest rate of 3% per annum if you want to earn Rs 60 in interest over 2 years how much money should you deposits​

Answer :

sandhyasobti

Answer:

1000

Step-by-step explanation:

SI = 60

R = 3%

T = 2 years

P = [tex]\frac{SI*100}{R*T}[/tex]

[tex]P=\frac{60*100}{3*2}\\ P=\frac{6000}{6}\\ P=1000[/tex]

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