Ram deposits 1000 Rs each in 2 Bank accounts which have rate of interest compounded annually..... The rate of interest on 2nd bank account is double the rate of interest on 1st bank account........The difference of amount recieved from both accounts after 2 years in Rs. 230..... Then find the amount he gets after 3 years if he deposits 2000 in the first bank account ?????
accounts which have rate of interest compounded annually..... The rate of interest on 2nd bank account is double the rate of interest on 1st bank account........The difference of amount recieved from both accounts after 2 years in Rs. 230..... Then find the amount he gets after 3 years if he deposits 2000 in the first bank account ?????
Difference = 1000 * [ (2 + 3r/100)*(r/100) ] = 230 ... get r
2000 * [ (1 + r/100) ^3 ] .. find this by putting value of r π
miseera
(Stop 'Mad'aming me. I ain't Madam. .)
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