Question

$p =50000 n = 2 r = 15$
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Answer 1

Answer:

• Amount = ₹65,000
• Simple Interest = ₹15,00

Step-by-step explanation:

Correct Questions :

Find the amount in which principal is ₹50,000 time is 2 years and rate of interest is 15%.

Given :

• Principal = ₹50,000
• Time = 2 years
• Rate of interest = 15%

To Find :

• the amount

Solution :

As we know,

Simple Interest = (Principal × Time × Rate) / 100

⟹ (50000 × 2 × 15)/100

⟹ 500 × 2 × 15

⟹ 1000 × 15

⟹ 15,000

Therefore, Simple Interest = ₹15,000

Now,

Amount = Principal + Simple Interest

⟹ 50,000 + 15,000

⟹ 65,000

Therefore, Amount = ₹65,000

✓ Know More

Interest is just the additional amount to be paid on the sum of money loaned or borrowed. The main amount to be paid is the principal amount. Interest is added to compensate the duration that the money was not used by the lender. The total amount to be paid by the borrower to the lender is called future amount.

The future amount should be always greater than the principal. Their difference is always the interest.

Answer 2

Step-by-step explanation:

Simplify

Combine like terms

3

2

−

=

3