Question

Calculate Interest and Amount in the following case.
Principal = Rs 1500 , Rate = 5% , Time = 3 years​

Answer 1

Answer:

P = Principal. R = rate% per annum. T = time. I = simple interest. A = amount. Formula for ... Find simple interest on $2000 at 5% per annum for 3 years. Also, find ... 100 × 450)/(1500 × 5) = 45000/7500 = 6. Therefore, Time (T) = 6 years. 2. Find Time when, Principal = $ 2000; Interest = $ 600; Rate = 3% p.a.. Solution:

Step-by-step explanation:

hope it helps.

Answer 2

Answer:

• Amount = Rs.1725
• Interest = Rs. 225

Step-by-step explanation:

Given that,

• Principal (P) = Rs. 1500
• Rate (R) = 5%
• Time (T) = 3 years

As we know that,

▶S.I = P × R × T /100

▶S.I = 1500 × 5 × 3 /100

▶S.I = 22500/100

▶S.I = 225

.°. Interest = Rs. 225 .

Now, we know that,

▶Amount = Principal + S.I

▶Amount = 1500 + 255

▶Amount = 1725

.°. Amount = Rs. 1725 .