Question

2 points
Q6. Borrowed loan of Rs.
2,00,00 on 1st Oct,2019 @ 15%
p.a. Calculate interest for the
year 2019-2020.*
0 2,000 Rs
O 5,000 RS
O 1,500 RS
This is a required question​

Answer 1

Answer:

here is the answer

Explanation:

PRINCIPAL = 2,00,000

TIME = 1st Oct,2019-2020 = 2 years

RATE OF INTEREST = 15%

S.I = P×R×T/100

S.I = 2,00,000 × 2 × 15 /100

S.I = 5,000 RS

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