Math, asked by gajanan15126357, 1 month ago

A sum of Rs 400 is lent for 5 years at the rate of 15%per annum. Find interest.​

Answers

Answered by mohitahuja01
1

Step-by-step explanation:

the interest rate on sum of rs 400 is rs300 ( assuming it to be simple interest)

Answered by sakshambajaj623
1

Answer:

300

Step-by-step explanation:

GIVEN:

PRINCIPAL RS 400

TIME- 5YEARS

RATE- 15%

Interest=PRT/100

Interest=400×15×5/100

Interest=300

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