a sum of rs 10,000 is borrowed at a rate of interest 15%p.a for 2 yrs.find simple interest and the amount to be paid at the end of 2 yrs
Answers
Answered by
9
= Simple interest = P × N × R / 100
= 10000 × 2 × 15 / 100
= 30000
Ans :- 30,000
______________
# Be brainly
Answered by
6
Simple interest = p*r*n/100
Where p=principal amount
r=rate of interest
n=number of years
SI=10000*15*2/100
=3000
Total amount after 2 years=p+SI
=10000+3000
=13000
Similar questions