Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Daniel deposite Rs 20,00,000 in a bank at 6.25% p.a. interest rate . After how many years he will receive Rs. 31, 250 as interest????

Sagot :

priyodiptobasak

Step-by-step explanation:

Time = interest ×100/principle ×rate

time = (31250×100)/(2000000×6.25). [after calculation]

time = 0.25 yrs = ¼×12 = 3months.

hope this helps you.

jacksonsonika94

Step-by-step explanation:

Hope my answer helps and if you are wondering 6.25/100=1/16 okay hope it helps plz mark me brainliest

View image jacksonsonika94
Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.