A child friendly bank announces a savings scheme for school children.

1.	A child friendly bank announces a savings scheme for school children. They will give kiddymoney once in a year.exceeds by 1deposit is 9000 for one year.to children. Children have to keep their savings in it and the bank collects all theTo encourage children savings, they give 6% interest ifthe amount0000, and otherwise 5%. Find the interest received by a school ifthey
Answer» 90005=100006/400........…. not possible once explain clearly p= 9000Rs n=1yr r=5% SI=PNR/100 =900015/100 =450Rs A=p+i =9000+450=Rs9450 A child friendly bank announces a savings scheme for school children

A child friendly bank announces a savings scheme for school children. They will give kiddymoney once in a year.exceeds by 1deposit is 9000 for one year.to children. Children have to keep their savings in it and the bank collects all theTo encourage children savings, they give 6% interest ifthe amount0000, and otherwise 5%. Find the interest received by a school ifthey

Answer»

9000*5=10000*6/400........….

not possible once explain clearly

p= 9000Rs n=1yr r=5%

SI=PNR/100

=9000*1*5/100

=450Rs

A=p+i

=9000+450=Rs9450

A child friendly bank announces a savings scheme for school children