Question

A sum of Rs. 10,000 is borrowed at a rate of 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?

Answer 1

Answer:

₹13,000

Step-by-step explanation:

The simple interest to the sum Rs. 10,000

The simple interest to the sum Rs. 10,000 for 2 years at a

The simple interest to the sum Rs. 10,000 for 2 years at a

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is = 10,000×2×15/100

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is = 10,000×2×15/100

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is = 10,000×2×15/100 =3,000.

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is = 10,000×2×15/100 =3,000.

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is = 10,000×2×15/100 =3,000. So the interest will be Rs. 3,000 at the end of 2 years.

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is = 10,000×2×15/100 =3,000. So the interest will be Rs. 3,000 at the end of 2 years.And the amount will be 10,000+3,000=13.000 at the end of 2 years.

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Answer 2

★ Given:-        

• → Principal = Rs. 10,000
• → Rate = 15%
• → Time = 2 years

★ To find:-          

• ⇒ The simple interest
• ⇒ The amount

★ Solution:-          

☯ Finding the simple interest:

$\qquad\sf{:\implies\:Simple\:Interest\:=\:\dfrac{P\:\times\:R\:\times\:T}{100}}$

$\qquad\sf{:\implies\:Simple\:Interest\:=\:\dfrac{10,000\:\times\:15\:\times\:2}{100}}$

$\qquad\sf{:\implies\:Simple\:Interest\:=\:\dfrac{100\:\times\:15\:\times\:2}{1}}$

$\qquad\sf{:\implies\:Simple\:Interest\:=\:100\:\times\:15\:\times\:2}$

$\qquad\sf{:\implies\:Simple\:Interest\:=\:100\:\times\:30}$

$\qquad\sf{:\implies\:Simple\:Interest\:=\:3000}$

$\therefore\underline{\bf{The\:simple\:interest\:is\:Rs\:3000\:.}}$

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☯ Finding the amount:

$\qquad\sf{:\implies\:Amount\:=\:Principal\:+\:Interest}$

$\qquad\sf{:\implies\:Amount\:=\:10000\:+\:3000}$

$\qquad\sf{:\implies\:Amount\:=\:13,000}$

$\therefore\underline{\bf{The\:amount\:is\:Rs\:13000\:.}}$

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