Question

Find the simple interest.
[1] P=1500, R=5%, T=2 years
[2]P=1000, R= 5%, T=3 years​

Answer 1

Step-by-step explanation:

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Answer:

The simple interest to the sum Rs. 15,000 for 2 years at a rate of interest 5% per annum is

→ S.I.= $\huge\sf{\frac{PRT} {100}}$

→ $\huge\sf{\frac{15,000×2×5} {100}}$

→ The interest will be Rs. 1,500

and the amount at the end of 2 years.

=P+I=15000+1500= Rs. 16,500

Answer 2

Step-by-step explanation:

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