If you deposit Rs. 110 in a bank at a simple interest of 12% per year, how much money will you have in the bank after 2 years?
a)134
b)136.4
c)26.4
d)24
e)136

• SI=PTR/100
  SI=(110*2*12)/100
  SI=26.4
  Total amount aftr 2 yrs=P+SI=110+26.4=136.4
• 6 years agoHelpfull: Yes(13) No(1)
• 110*12*2/100=26.4
• 6 years agoHelpfull: Yes(1) No(6)
• 1% of 110:1.10
  12% of 110:12*1.10=13.20 for one year
  St For two years:2*13.20=26.40
  Total balance :110+26.40=136.40
• 6 years agoHelpfull: Yes(1) No(0)
• 26.4 is the ans
• 4 years agoHelpfull: Yes(1) No(0)
• 110->12%=13.2
  so after first year=123.2
  now 12% value is 14.76
  after second year=136.4
• 5 years agoHelpfull: Yes(0) No(0)
• 110*12/100*2
  = 11*2.2=
  24.2 rupees
  thats right ans is (d) 24
• 1 year agoHelpfull: Yes(0) No(0)
• SI=PTR/100
  SI=(110*2*12)/100
  SI=26.4
  Total amount aftr 2 yrs=P+SI=110+26.4=136.4
• 1 year agoHelpfull: Yes(0) No(0)