Question

Find simple interest on a certain sum of money in 2 years at 15% p.a is rupees 144.Find the sum

Answer 1

let p be 100 then
100×15×2=3000÷100=30
si=30 p=100
si=144 p = 100×144=14400÷30=380
answer = 380

Answer 2

hi

the formula is,

SI = P * T * R / 100

144 = P * 2 * 15 / 100

P = 144 * 100/ 30

P = 480

sum = 480

hope this helps