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?
Answers
Answered by
5
given,
p= 1000
r= 15%
t= 2
:. SI = p*t*r / 100
= 1000*15*2 / 100
= 300.
hope it helps u ..
p= 1000
r= 15%
t= 2
:. SI = p*t*r / 100
= 1000*15*2 / 100
= 300.
hope it helps u ..
Answered by
8
Answer:
Given
p=10000
r=15%
t=2
.
. . SI=p×r×t
=10000×15×2/100
=100×30
=3000
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