Math, asked by ravindert294, 3 months ago

a person takes a loan of rupees 15000 at 12% pay what amount will be e paid at the end of 5 years?​

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Answered by Anonymous
2

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Answered by PanchalKanchan
2

Question :

a person takes a loan of rupees 15000 at 12% pay what amount will be e paid at the end of 5 years?

Answer :

\sf\pink{Given:}

  • principal is Rs 15000 .

  • Rate of interest is 12%

  • Number of years is 5 .

\sf\pink{To\:find:}

  • Amount ?

Explanation :

\sf\purple{Amount = Principal + simple\: interest}

\sf\red{Simple\: interest = \dfrac{Principal\times Rate\times Years}{100}}

\\ \longrightarrow\sf{\dfrac{15000\times 12\times 5}{100}}

\\ \longrightarrow\sf{150\times 12\times 5}

\\ \longrightarrow\sf{1800\times 5}

\\ \longrightarrow\sf{9000}

  • Therefore simple interest is Rs 9000 .

\sf\purple{Amount = Principal + simple\: interest}

\\ \longrightarrow\sf{15000 + 9000}

\\ \longrightarrow\sf{24000}

  • Therefore the amount is Rs 24000 .

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