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Shraddha saves Rs 15,320/- per month How...

Shraddha saves Rs 15,320/- per month How much amount will she save in 2 years and 5 months ?

A

Rs. 4,44,280/-

B

Rs 4,46,260/-

C

Rs. 4 ,48.220

D

Rs. 4 ,24 ,000/-

Text Solution

AI Generated Solution

The correct Answer is:
To find out how much Shraddha will save in 2 years and 5 months, we can follow these steps: ### Step 1: Convert the time period into months We know that: - 1 year = 12 months - Therefore, 2 years = 2 × 12 = 24 months Now, we add the additional 5 months: - Total months = 24 months + 5 months = 29 months ### Step 2: Calculate the total savings Shraddha saves Rs 15,320 per month. To find out how much she saves in 29 months, we multiply her monthly savings by the total number of months: - Total savings = Monthly savings × Total months - Total savings = Rs 15,320 × 29 ### Step 3: Perform the multiplication Now, we will calculate Rs 15,320 multiplied by 29. We can break this down into simpler steps: 1. Multiply Rs 15,320 by 29: - 15,320 × 29 = 15,320 × (20 + 9) - = (15,320 × 20) + (15,320 × 9) 2. Calculate each part: - 15,320 × 20 = 306,400 - 15,320 × 9 = 137,880 3. Now add these two results: - Total savings = 306,400 + 137,880 = 444,280 ### Final Answer Thus, the total amount Shraddha will save in 2 years and 5 months is **Rs 444,280**. ---
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