Question

Find interest and amount to be paid on 15000 at 5% per annum after 2 years. ​

Answer 1

answer is 16500

I hope it help you

Answer 2

Given :-

• P = Rupees 15000
• R = 5% per annum
• T = 2 years

Solution :-

• $➟ \: i = \frac{p \: \times \: r \: \times \: t}{100}$

• $➟ \: 15000 \: \times \: \frac{5}{100} \: \times \: 2 \: = rs \: 1500$

• $➟ \: a \: = \: p \: + \: i$

• $➟ \: rs \: (15000 \: + 15000)$

• $➟ \: rs \:16500$