Home
Class 7
MATHS
Babu deposited 25000 rupees in a bank wh...

Babu deposited 25000 rupees in a bank which gives `15 %` interest. How much would he get back after two years?

Text Solution

Verified by Experts

The amount deposited `=25000` rupees Thé rate of interest `=15 %`, time `=2` years `therefore` Interest ` =25000 xx 15/100 xx 2=7500 rupees ` The amount Babu would get back after 2 ` years =25000+7500=32500 rupees `
Promotional Banner

Similar Questions

Explore conceptually related problems

Suma deposited 25000 rupees in a bank, which gives 11 % interest. How much would she get back after 3 years?

Sumesh deposited 10000 rupees in a bank which gives 5 % interest compounded annually. How much would he get after 2 years?

Sandeep deposited 25000 rupees in a bank which pays 8 % interest compounded annually. How much would he get back after two years?

Anas deposited 20000 rupees in a bank which pays 6 % interest compounded annually. How much would he get back after 3 years?

Johny deposited 60000 rupees in a bank, which gives 1 paise interest on one rupee every month. How much would he get back after two years?

Raju deposited 1000 rupees in a bank. After one year, he got 1125 rupees back. How much did he get as interest?

Thomas took out a loan of 15000 rupees from a bank which charges 12 % interest, compounded annually. After 2 years, he paid back 10000 rupees. To settle the loan, how much should he pay at the end of three years?

Dileep took out a loan of 36000 rupees from a bank, which charges 10 % interest. He decided to pay back the total amount including Interest for 2 years, in 24 monthly installments. How much should he pay every month?