A man invested rs. 20000 at 5%p.A. find the interest received by him at the end of three years
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Answered by
1
Step-by-step explanation:
He will receive an interest of ₹ 3000 at the end of 3 years.
here is your answer
Answered by
5
Principle=20000
Rate of interest=5%
No.of years=3 years
Interest=?
Interest=No.of years× Rate of interest/100
=20000×5×3/100
=200×5×3
=200×15
=3000
Interest=$3000
He will receive an interest of $3000 at the end of 3 years.
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