Question

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

Answer 1

hii
given
principal is 4000
time is 5 years and
rate is 15% per annum
we know that
interest =ptr/100
therefore, interest =4000*5*15/100
=3000rs

Answer 2

Hiiiii

Principal amnt., P = 4,000
Rate, R = 15% p.a.
Time, T = 5 yrs.

Interest = P × R × T / 100

= 4000 × 15 × 5 / 100

= 3,000

Hence,
Interest, I = Rs. 3,000

Hope it helps! :D