Question

3000 is lent out at 9%rate of interest .find the interest which will be recevied at the end of 21/2 years

Answer 1

interest=3000×9×21/2×100=30×9×21/2=15×9×21=2835

Answer 2

hi friend once again,
Here, Principal(p)=Rs.3000
Time (T)=21/2 years
Rate(R)=9 %
S.I=?
We know that ,
S.I=
$\frac{p \times t \times r}{100}$
=3000×21×9/100×2
=2835
Hope it helps you !
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