Question

Q11. A sum of Rs. 10,000 is borrowed
at a rate of interest 15% per annum
for 2 years. Find the simple interest
on this sum. *
13000
O 3000
O 30000
O 10000​

Answer 1

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is 10010,000×2×15=3,000.

So the interest will be Rs. 3,000 at the end of 2 years.

And the amount will be 10,000+3,000=13.000 at the end of 2 years.

Answer 2

Answer:

3,000

Step-by-step explanation:

SI = (P×R×T)/100

= (10,000×15×2)/100

= 3,000

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