Question

A sum of ₹10,000 is borrowed at a rate of interest 15% per annum for 2 years. Find the simple interest on
this sum and the amount to be paid at the end of 2 years.

Answer 1

Answer:

here is your answer. hence, Rs. 3000 is the simple interest paid at the end of 2 years at the rate of 15% per annum for The principal amount of Rs. 10000

Step-by-step explanation:

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Answer 2

Answer:

interest = p*r*t/100

Interest = 10000*15*2/100

=3000

amount = p+interest

amount = 13000