Answer :

Simple interest is same as percentages

The company pays 18% simple interest for his 10,000 every year

First year - = 1,800

In simple interest every year same interest will be paid.

So, for five years = 5 × 1,800

= 9,000

He will get Rs. 9,000 as interest for the period of 5 years.

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Rahim deposited RTamilnadu - Math Term-3