Find the simple interest on: ₹ 1500 for 2 years and 15% per annum.
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Answer: The Simple Interest is Rs. 450
Step-by-step explanation:
Principal = Rs . 1500
Rate of Interest = 15 % p.a .
Time Period = 2 Years
S.I. = P*R*T/100
= 1500*15*2/ 100
= 15*15*2 = Rs. 450
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