A man deposited Rs 10000 in a bank at the rate of simple interest annually

MATHEMATICS · Subjective · CBSE · Mathematics · Fractions in Disguise · Fractions in Disguise

Problem

16. A man deposited Rs 10000 in a bank at the rate of

5 \%

simple interest annually. Find the amount in

15^{\text {th }}

year since he deposited the amount and also calculate the total amount after 20 years.