Question

d/e
Q.20 The interest on 30,000 for 3
years at the rate of 15% per annum is
O 4500
O ₹ 9000
O 18000
O 13500​

Answer 1

Answer:

d)13500

Step-by-step explanation:

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Answer 2

Answer:

We are assuming that we are dealing with simple interest  

P = Principal in Rs. = 30,000  

R = Rate of interest per cent per year = 15  

T = time period in years = 3  

Simple Interest (SI) = (P*R*T)/100  

SI = (30000*15*3)/100  

   = 13500

The simple interest earned = Rs.13,500

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