Anju borrowed Rs. 15000 from bank at 8% interest per annum. After 1 year 6 months how much amount will she return to the bank?
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Answer:hi army
Explanation:
Principal = 15000
Time = 1 year 6 months = 12+6 = 18 months
= 18/12
Rate = 8%
SI = PRT/100
= 15000×8×18/100×12
= 150×2×6 = 300×6
= Rs. 1800
Amount = P+SI
= 15000+1800
= Rs. 16800
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