if the principal is ₹600 then the amount to be paid at the end of 3 years at 15/2% per annum . find simple interest ? if anyone will give correct answer I will mark him as brainliest
Answers
Step-by-step explanation:
P=₹600
T=3 yrs
R=15/2% or 7.5%
S.I= P×R×T
100
= 600×7.5×3
100
= ₹135
Now,
Amount= Principle+S.I
= ₹600+₹135
= ₹735
Answer:
Hence, value of interest will be Rs. 135 while the value of Amount will be Rs. 735
Step-by-step explanation:
In context to question asked,
We have to determine the value of interest paid.
As per question,
We have,
P = Rs. 600
Rate = 15/2% = 7.5% annum
Time = 3 years
As we know that,
The value of simple interest can be determined by using the formula,
So, for determining the value of Interest we will put the value of P, R and T given in the question in above formula,
Thus we will get,
Hence, value of simple interest will be Rs. 135
And value of amount can be determined by using the formula
So, value of amount will be