Question

Find the interest on Rs. 5000 at a rate of 15% per annum for 2 years. *

please give full answer and solutions​

Answer 1

Step-by-step explanation:

Find the interest on Rs. 5000 at a rate of 15% per annum for 2 years. *

Answer

formulae =p×r×t/100

use this formulae.okay

Answer 2

Answer:

Formula of Simple Interest - ptr /100

Here, p means principal - 5000

t means time- 2 years

r means rate - 15%

Interest - 5000*2*15/100

Interest - 1550

Now after 2 years, person has to pay interest + principal = 1550 +5000=6550

Hope you are clear