1. Ms suchi deposits an amount of 24000 to obtain in a simple interest at the rate of S.I 14 p.c.p.a for 8 years .what total amont will ms suchi gets at the end of 8 years
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By: anil on 05 May 2019 01.28 am
Amount deposited = Rs. 24,000 Rate = 14 % and time = 8 years under simple interest => $$S.I. = frac{P imes R imes T}{100}$$ = $$frac{24000 imes 14 imes 8}{100}$$ = $$240 imes 112 = Rs. 26,880$$ $$ herefore$$Total amount will ms Suchi gets at the end of 8 years = $$24000 + 26880 = Rs. 50,880$$
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