find the amount when principal is 300000 .time is 25 years and rate is 15%
Answers
Answer:
The amount when principal is Rs300000, time is 25 years and rate is 15% per year is Rs2175000.
Step-by-step explanation:
Principal amount = Rs300000
Rate of interest = 15% per year
Time = 25 years
Simple interest can be calculated as:
SI =
where P is principal amount, R is rate of interest per year and T is time (here, number of years)
SI =
= 1875000.
That is, Simple interest at a rate of 15% per year for principal amount of Rs300000 for 25 years is Rs1875000.
The final amount sum of principal and interest.
That is
Amount = 300000 + 1875000
= 2175000.
Hence the final amount to be paid is Rs 2175000.
Answer:
ikik, but your answer was wrong while answering my questions,
the answer shoud be ammonic solution and thioglycolic
acid
any that question was for higher classes , so just let it slip