The S.I on 15000 at 5% p.a, for 2 years is
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1500 is the answer pls marke me as brainliest
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Step-by-step explanation:
15000 at an interest rate of 5% for almost 2 years. So his SI will be calculated as Rs. (15000 X 5 X 2/100) which is equal to Rs. 16500.
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Formula to determine Simple Interest.
SI - Simple Interest
R - Rate of interest
T - Time
P - Principal
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