Question

Principal= ₹15000
Rate= 15/2%
Time= 15 months
Simple Interest=???
Amount=???

Find the (Simple interest) and (Amount) ? In full Solution​

Answer 1

Step-by-step explanation:

I hope it is helpful for you.

Answer 2

Answer:

Simple interest is Rs.1406.25.

Amount is Rs.16406.25.

Step-by-step explanation:

As per the provided information in the question we have :

• ➛ Principal= ₹15000
• ➛ Rate= 15/2%
• ➛ Time = 15 months

HHere's the required formula to find the Simple Interest and Amount :

$\longrightarrow{\pmb{\sf{S.I = \dfrac{PRT}{100}}}}$

$\longrightarrow{\pmb{\sf{A = P + I}}}$

• ↝ S.I = Simple Interest
• ↝ P = Principal
• ↝ R = Rate
• ↝ T = Time
• ↝ A = Amount

Finding the simple interest by substituting the values in the formula :

$\quad{\twoheadrightarrow{\sf{S.I = \dfrac{PRT}{100}}}}$

$\quad{\twoheadrightarrow{\sf{S.I = \dfrac{15000 \times 7.5 \times 15}{100 \times 12}}}}$

$\quad{\twoheadrightarrow{\sf{S.I = \dfrac{112500\times 15}{1200}}}}$

$\quad{\twoheadrightarrow{\sf{S.I = \dfrac{1125 \: \cancel{00}\times 15}{12 \: \cancel{00}}}}}$

$\quad{\twoheadrightarrow{\sf{S.I = \dfrac{1125 \times 15}{12}}}}$

$\quad{\twoheadrightarrow{\sf{S.I = \dfrac{16875}{12}}}}$

$\quad{\twoheadrightarrow{\sf{S.I = Rs.1406.25}}}$

$\quad{\star{\underline{\boxed{\textsf{\textbf{\purple{S.I = Rs.1406.25}}}}}}}$

Hence, the simple interest is Rs.1406.25.

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Finding the amount by substituting the values in the formula :

$\quad{\rightarrow{\sf{A = P + I}}}$

$\quad{\rightarrow{\sf{A = 15000 + 1406.25}}}$

$\quad{\rightarrow{\sf{A = 16406.25}}}$

$\quad{\star{\underline{\boxed{\textsf{\textbf{\pink{A = 16406.25}}}}}}}$

Hence, the amount is Rs.16406.25.

$\rule{300}{2.5}$