Question

A sum of 10000 is borrowed at a rate of interest 15% per annum for two years find the simple interest on this sum and the amount to be paid at the end of 2 years?

Answer 1

given,
p= 1000
r= 15%
t= 2
:. SI = p*t*r / 100
= 1000*15*2 / 100
= 300.

hope it helps u ..

Answer 2

Answer:

Given

p=10000

r=15%

t=2

.

. . SI=p×r×t

=10000×15×2/100

=100×30

=3000

HERE is Your Answer

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