Question

Anita takes a loan of ₹5000 at 15% per year as rate interest . find the interest she has to pay at 2 year .

Answer 1

Principal= ₹5000

Rate= 15%

Time= 2 years

SI= P×R×T/100

SI= 5000×15×2/100

SI= 75000×2/100

SI= 150000/100

SI= ₹1500

So the interest to be paid at the end of two years is ₹1500.

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Answer 2

Answer:

Principal= ₹5000

Rate= 15%

Time= 2 years

SI= P×R×T/100

SI= 5000×15×2/100

SI= 75000×2/100

SI= 150000/100

SI= ₹1500

So the interest to be paid at the end of two years is ₹1500.