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Question
The amount Joseph receives on maturity is ______.
Options
₹ 27000
₹ 25000
₹ 26000
₹ 28000
MCQ
Fill in the Blanks
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Solution
The amount Joseph receives on maturity is ₹ 26000.
Explanation:
Given:
Total deposit = ₹ 24000
Interest = ₹ 2000
Maturity amount = Total Deposit + Interest
Maturity amount = 24000 + 2000
Maturity amount = ₹ 26000
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