Question

A sum of Rs. 15,000 is lent for 5 years at the rate of 9% per annum.

(i) Find the interest for 1 year.
(ii) Find simple interest for 5 years
(iii) Amount paid at the end of 5 years.
(iv) Find the difference between Simple Interest for one year and Simple

Interest for 5 years.​

Answer 1

Answer:

a : 5÷15000=3000

b:

Step-by-step explanation:

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