Math, asked by shavigaming, 7 months ago

I borrowed ₹15000 from Virat at 5% per annum simple interest for 2 years.

Had I borrowed this sum at 5% per annum compound interest for same time

period then what extra amount would I have to pay? ​

Answers

Answered by sunita748452
3

Step-by-step explanation:

p = 15000

R = 5%

T = 2 years

S.I = P × R × T / 100

15000 × 5 × 2 / 100

= 1500

amount you will pay = 15000+ 1500

16500

Answered by ramandhamija
2

Step-by-step explanation:

we have to found the Compound interest

I am using the short trick

5+5+5×5/100

10+25/100

10+0.25

= 10.25 % of 15000

= 1537.5 Rs is ur answer

U have to pay 1537.5 rs extra

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