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How much amount would a person receive at maturity if he invests a sum of Rs. 1947 at the rate of 10% of simple.........

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How much amount would a person receive at maturity if he invests a sum of Rs. 1947 at the rate of 10% of simple interest for 2 years in a bank?

posted Oct 2 by Mishthy Mukherjee

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1 Answer

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Amount = SI + Principle = 1947*2*(10/100) × 1947 = 2336.4.

answer Oct 3 by Tejas Naik



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