Math, asked by zionleroy130210, 3 days ago

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 Anonymous
2

 \huge{\mathtt{\underline{\underline{\red{Answer}}}}}

Given:

  • Principal = ₹15000
  • Time = 3 years.
  • Rate = 7% p.a.

To find:

The simple interest.

Formulas used:

 \boxed{\red{\frac{P×R×T}{100}}}

 \boxed{\pink{Amount = Principal + Interest}}

Solution:

 →Simple \: interest = \frac{15000×3×7}{100}

Hence, simple interest is 3,150.

 →Amount = 15000 + 3150

Amount is 18,150.

Final Answers:

  • Amount = ₹18,150
  • Simple Interest = ₹3,150

_____________________________

Similar questions