Question

₹8000 in 2and a half years at 15 present per annum.

Answer 1

Sum = 8000

Time : 2.5 Y

Rate = 15% P.a.

SI = P×R×T÷100

=

$8000 \times 2.5 \times 15 \div 100$

=80×2.5×15

SI = 2400₹

AMOUNT = 2400+8000 = 10400₹