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How much amount would a person receive if he invests a sum of Rs. 12500 at the rate of 6.5% of simple interest..........

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How much amount would a person receive if he invests a sum of Rs. 12500 at the rate of 6.5% of simple interest for 17 years in a bank?
Please note that bank levies a charge of Rs. 75 on every fixed deposit.

posted Apr 8 by Pardeep Kohli

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1 Answer

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Rs. 238737.5


12500 + 12500*1.065*17 - 75= 238737.5

answer Apr 8 by Hanifa Mammadov
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