Question

The interest on a certain amount of money is rs.1500 in 15 years. What is the simple interest (in rs.) if the principle amount is increased by 10% and 15% respectively from the initial principal amount after every 5 years.

Answer 1

The interest on a certain amount of money is rs.1500 in 15 years. What is the simple interest (in rs.) if the principle amount is increased by 10% and 15% respectively from the initial principal amount after every 5 years.