find the amount Ram will get after 2year when he invest 15000 at 15 percent interest
Answers
Answered by
3
GIVEN
Priniple Amount (P) = Rs.15000
Rate of Interest (R) = 15%
Time Period (T) = 2yrs
TO FIND
The amount Ram will get at the end
SOLUTION
Simple Interest = (P × R × T)/100
= (15000 x 15 × 2)100
= 150 × 30
= Rs.4500
The Intrest is Rs.4500
The Amount = Principle + Interest
= Rs.(15000 + 4500)
= Rs.19,500
Therefore Ram will get Rs.19,500 as Amount after 2yrs. (ANS)
Answered by
1
Answer:
Rs.19,500 will get Ramu after 2 years
Step-by-step explanation:
I=PTR/100
I=15,000×2×15/100
=4,500
so the amount after two years will be...A=P+I
=15,000+4,500
=19,500
Similar questions
English,
5 months ago
Science,
11 months ago
Physics,
11 months ago
Environmental Sciences,
1 year ago