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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 12 years in a bank?
Please note that the bank levies a charge of Rs. 175 on every fixed deposit.

posted Aug 5 by Mishthy Mukherjee

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1 Answer

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12500+12500*0.065*12-175=22075

answer Aug 5 by Hanifa Mammadov



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