f principal (P) = ₹15000,time (T) = 3 years and rate of interest (R) = 7% per annum,find the simple interest and amount received after 3 years?
Answers
Answered by
2
Given:
- Principal = ₹15000
- Time = 3 years.
- Rate = 7% p.a.
To find:
The simple interest.
Formulas used:
Solution:
Hence, simple interest is ₹3,150.
Amount is ₹18,150.
Final Answers:
- Amount = ₹18,150
- Simple Interest = ₹3,150
_____________________________
Similar questions