the interest on rs 3000 for 2 years at 15% per annum is
Answers
Answered by
2
Answer:
simple interest or compound interest
Step-by-step explanation:
for simple interest use formula
(3000×2×15)÷100 = 900
Answered by
3
Answer:
Rs. 900
Step-by-step explanation:
Interest = P × R × T
100
Given,
Principle = Rs. 3000
Rate = 15% per annum
Years = 2
So,
S.I = 3000 × 15 × 2 { zeros will be cut }
100
S.I = 30 × 15 × 2
S.I = Rs. 900
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