Question

Shilpa takes a loan of ruppes 300000 at the rate of 15 percentage for 1 year.
Calculate the simple interest. ​

Answer 1

Answer:

15/100 ÷300000 = 15 ÷ 3000 =200 ans

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Answer 2

Given:

Principal = ₹300000

Rate = 15%

Time = 1 year

To Find:

Simple Interest = ?

Solution:

Simple Interest = Principal × Rate × Time

$\sf \implies \: I = \: 300000 \times \dfrac{15}{100} \times 1 \\ \\ \sf \implies \: I = 3000 \times 15 \\ \\ \sf \implies \: I = ₹45000$