Geo777
24.01.2020 •
Mathematics
Mr sharma deposited rs 2000 as a fixed deposit in a bank at 10 % per annum. if 30% is deducted as income tax on the interest earned, find his annual income.
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Ответ:
Interest = Rs 2000
Amount = Rs 7000
Step-by-step explanation:
Amount = Principal + Interest
Given
Principal = Rs 5000
Interest= PRT/100
Interest = 5000*8*5/100
Interest = 50*40
Interest = Rs 2000
Amount after 5years = 5000 + 2000
Amount after 5years = Rs 7000