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.
Answers
Answered by
9
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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Answered by
12
Answer:
interest = p*r*t/100
Interest = 10000*15*2/100
=3000
amount = p+interest
amount = 13000
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