Question

2. Mathew deposited * 15,000 in the State Bank of
India. Chennai which gives interest at the rate of 6%
per year. The interest he will get after 5 years will
be-​

Answer 1

Answer:

Answer is 450

Step-by-step explanation:

1. P=Rs15,000
2. Rate of interest=6%
3. Time=5years

Now,

• Simple unit (Si unit)=
• $\frac{p \times t \times r}{100}$
• $\frac{1500 \times 6 \times 5}{100}$

$\frac{45000}{100}$

=Rs450