Math, asked by mrunalinividya, 1 year ago

find the interest that a person has to pay of he borrows rs 30,000 from a bank for a period of five years at a rate of 10% per annum

Answers

Answered by Anshikadubey
11
P=30,000
T=5years
R=10%
S.I.=p×t×r/100
=30,000×5×10/100
=15000
Answered by swathilifebeauty979
1

Answer:

15000

Step-by-step explanation:

Principal - ₹30,000

Rate of interest - 10%

Time - 1 year

Simple interest = P × R × T /100

So, 30,000 × 10 × 1 /100

= 3,00,000/100

= 3000 ( UNITARY METHOD )

3000 × 5

15,000

INTEREST HE GETS FOR 5 YEARS IS 15,000

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