Question

Mohan takes a loan of ₹ 5000 at 15% per year as rate of interest. Find the interest he has

to pay at the end of one year.​

Answer 1

Answer:

Loan taken = 5000

Rate of interest = 15%

Appling formula - principal × Rate of interest ÷ 100.

Solution :-

Interest = 5000 × 15 ÷ 100

Interest = 5000 × 0.15

Interest = 750.

The interest he has to pay at the end of one year is 750.

Thanks.

Answer 2

hii

given

Mohan takes a loan of ₹ 5000 at 15% per year as rate of interest.

to find

Find the interest he has

Find the interest he hasto pay at the end of one year.

answer

solusion

the some borrowed =r 5000

rate of interest =15•/•per year

this means if r 100 is borrowed she has to pay 15 as interest for 1 year if she has borrowed 5000 then, the interest she had to pay for one year.

=15/100*5000

==>r 750 .

Tu ate the end of the year 3 has to give an amount of 5000 plus 750 =5750. we can write a General relation to find interest for 1 year at 1 p.m. at the principal for some and r•/• the rate percent per annum.

now on every 100 borrowed the interest paid is rupees r.

therefore on p borrowed the interest paid for one year would be r*p/100

=p*r/100 .

hope its helps you.