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A man deposited Rs 10000 in a bank at...

A man deposited Rs 10000 in a bank at the rate of 5% simple interest annually. Find the amount in `15^(t h)` year since he deposited the amount and also calculate the total amount after 20 years.

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To solve the problem step by step, we will calculate the amount after 15 years and then the amount after 20 years using the simple interest formula. ### Step 1: Identify the given values - Principal (P) = Rs 10,000 - Rate of interest (R) = 5% per annum - Time (t) for the first part = 15 years - Time (t) for the second part = 20 years ### Step 2: Calculate the simple interest for 1 year The formula for simple interest (SI) is: \[ SI = \frac{P \times R \times t}{100} \] For 1 year (t = 1): \[ SI = \frac{10000 \times 5 \times 1}{100} = \frac{50000}{100} = 500 \text{ Rs} \] ### Step 3: Calculate the total amount after 15 years Since the simple interest remains constant each year, the total simple interest for 15 years is: \[ SI_{15} = SI \times 15 = 500 \times 15 = 7500 \text{ Rs} \] Now, the total amount (A) after 15 years is given by: \[ A = P + SI_{15} = 10000 + 7500 = 17500 \text{ Rs} \] ### Step 4: Calculate the total amount after 20 years Similarly, the total simple interest for 20 years is: \[ SI_{20} = SI \times 20 = 500 \times 20 = 10000 \text{ Rs} \] Now, the total amount (A) after 20 years is given by: \[ A = P + SI_{20} = 10000 + 10000 = 20000 \text{ Rs} \] ### Final Answers - Amount after 15 years = Rs 17,500 - Amount after 20 years = Rs 20,000

To solve the problem step by step, we will calculate the amount after 15 years and then the amount after 20 years using the simple interest formula. ### Step 1: Identify the given values - Principal (P) = Rs 10,000 - Rate of interest (R) = 5% per annum - Time (t) for the first part = 15 years - Time (t) for the second part = 20 years ...
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