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Samundra deposits rs 850 at NBL at the half yearly rate of 8% for 1 year. how much interest will he get?

Samundra deposits rs 850 at NBL at the half yearly rate of 8% for 1 year. how much interest will he get?
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3 votes
samundra deposits rs 850 at NBL at the half yearly rate of 8% for 1 year. how much interest will he get?

asked
User Amitdatta
by
8.0k points

1 Answer

8 votes
  • Interest rate=8%
  • Time=1yr

Total interest:-

  • 8% of deposit
  • 8% of 850
  • 0.08(850)
  • Rs68
answered
User Oware
by
7.7k points
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