Question

$\huge\tt\fcolorbox{cyan}{plum}{ QUESTION࿐}$

ᴀ ꜱᴜᴍ ᴏꜰ ʀꜱ 10,000 ɪꜱ ʙᴏʀʀᴏᴡᴇᴅ ᴀᴛ ᴀ ʀᴀᴛᴇ ᴏꜰ ɪɴᴛᴇʀᴇꜱᴛ 15%ᴘ.ᴀ. ꜰᴏʀ 2 ʏᴇᴀʀꜱ. ꜰɪɴᴅ ꜱɪᴍᴘʟᴇ ɪɴᴛᴇʀᴇꜱᴛ ᴀɴᴅ ᴛʜᴇ ᴀᴍᴏᴜɴᴛ ᴛᴏ ʙᴇ ᴘᴀɪᴅ ᴀᴛ ᴛʜᴇ ᴇɴᴅ ᴏꜰ 2 ʏᴇᴀʀꜱ.

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Answer 1

$\huge\mathtt\pink{AnSwEr}$

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

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$\frac{10000 \times 2 \times 15}{100} = 3000$

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

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

Hope it helps :)