Fnd the simple interest and amount on rs.15,000 at 7% per annnum for 3 years?
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SI =PTR/100
P=15000
T=3YRS
R=7%
15000*3*7/100 =
150*3*7=3150 is the simple interest
amount =principal +simple interest
=15000+3150=18150
P=15000
T=3YRS
R=7%
15000*3*7/100 =
150*3*7=3150 is the simple interest
amount =principal +simple interest
=15000+3150=18150
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