sushila123 sushila123
  • 25-12-2018
  • Mathematics
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someone deposits rs 40000 in a bank at the rate of 5%p.a. if he hsa to pay 5% of interest as income tax, how much will he get after 4 years

someone deposits rs 40000 in a bank at the rate of 5pa if he hsa to pay 5 of interest as income tax how much will he get after 4 years class=
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gemagems gemagems
  • 26-12-2018
$40,000 x 5% = $2,000 x 4 =$ 8,000 + $40,000= $48,000
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