A sum of 10,000 is borrowed at a rate of interest 15%per annum for 2 years.Find the simple on this sum and the amount to be paid at the end of 2 years???
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Step by step Explanation :
Given :
Principal (P) = Rs.10000
Rate of interest (R) = 15%
Time period (T) = 2 years
Simple interest (SI) = P×R×T/100
= 10000×15×2/100
= 300000/100 = Rs.3000
Hence, Rs.3000 is the simple interest paid at the end of 2 years at the rate of 15% per annum.
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Displacement is a vector quantity that refers to "how far out of place an object is"; it is the object's overall change in position.
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