Seltmi danesd A lso par mmh in a bank& smanths unde – InterviewSolution

1.

Seltmi danesd A lso par mmh in a bank& smanths unde

Answer»

THE total principle amount for 8 months is 150*8 = 1200Rs = P , R= 8% , T = 8 months = 8/12 years

now interest gained = P*R*T/100 = 1200*0.08*2/3 = 64rs so, total maturity value is 1200+64 = 1264rs

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