303,610 views
26 votes
26 votes
If Rihanna deposite 1500 rupees in the school fund at 9 p.C.P.A for 2 years, what is the total amount she will get?

User Benares
by
2.6k points

1 Answer

14 votes
14 votes

Answer: 1770 rupees

Explanation:

To solve this, we first calculate the simple interest which will be:

= (P × R × T) / 100

= (1500 × 9% × 2) / 100

= (1500 × 0.09 × 2) / 100

= 270

The total amount tha she'll get will be:

= 1500 + 270

= 1770 rupees

User Jacknagel
by
2.6k points