If the interest on 3000 rupees is 600 rupees at a certain rate for a certain number of years.,what would the interest be on 1500 rupees under the same conditions?
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Answers
Answered by
3
Step-by-step explanation:
Interest would be Rs.300.
Step-by-step explanation:
Since we have given that
Principal = Rs. 3000
Interest = Rs. 600
So, Simple interest formula would be
\begin{gathered}600=\dfrac{3000\times R\times T}{100}\\\\600\times 100=3000\times RT\\\\\dfrac{600\times 100}{3000}=RT\\\\20=RT\end{gathered}
600=
100
3000×R×T
600×100=3000×RT
3000
600×100
=RT
20=RT
If principal amount = Rs. 1500
Then, interest would be
\begin{gathered}Interest=\dfrac{P\times R\times T}{100}\\\\Interest=\dfrac{1500\times 20}{100}\\\\Interest=Rs.\ 300\end{gathered}
Interest=
100
P×R×T
Interest=
100
1500×20
Interest=Rs. 300
Hence, Interest would be Rs.300.
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