Question

find interest and amount to be paid on rupees 15000 at 5% per annum after 2 years

Answer 1

$\frac{15000 \times 5 \times 2}{100} = 1500$
it is interest
15000+1500 = 15500 is amount io be paid

Answer 2

Answer:

Find compound interest on a sum of rupees 8000 for 2 year at 5% per annum componed annually