Question

A sum of rupees 4000 is lent for rupees 5 year at a rate of the 15% find interest and amount

Answer 1

Principal=4000(P)

Time=5 year(T)

Rate=15%(R)

simple interest=P*R*T /100

=4000*5*15/100=300

amount=S.I + P =300+400 =700

HOPE IT WORKS FOR YOU .....