Question

Find simple interest on Rs. 30000 for 3 years at the rate of 15% per annum. Also, calculate the amount after 3 years.
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Answer 1

Given :-

Principal = Rs.30000

Time = 3years

Rate = 15 % p.a.

Formula :-

$Interest \: = \: \frac{p \times r \times t }{100}$

Here,

T = Time

R % = Rate of Interest

P = Principal

= $3000 \times \frac{15}{100} \times 3$

$⇒ Rs. = 13500$

Answer 2

Answer:

Step-by-step explanation:Given :-

Principal = Rs.30000

Time = 3years

Rate = 15 % p.a.

Formula :-

Here,

T = Time

R % = Rate of Interest

P = Principal

=