Question

Ajay takes a loan of rs.5000 for donating books to poor, at 15% per year as the rate of interest. find the interest he has to pay at the end of 3 years





soon reply

Answer 1

hi mate! here's your answer

we will use the formula of SI= P*R*T/100

where,

P=5000,R=15,T=3

so,

SI=5000*15*3/100

SI=50*15*3

SI=50*45

SI= RS.2250

hope it helps

please markk this answer as brainliest if you find it helpful.