Question

A sum of $ 4000 is lent for 5 years at the rate of 15% per annum. Find the interest.

Answer 1

simple interest=₹3000

Answer 2

P=$4000

T=5 years

R=15%

Simple interest = P*R*T/100

= 4000*5*15

= 300000/100

= 3000

therefore the answer would be 3000 please look at it

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