Question

What is simple interest for amount of 1500 of time period is 1 year and rate of interest is 20 %​

Answer 1

Step-by-step explanation:

Find the simple interest and the amount when

Principal=Rs. 1500, rate=12% p.a and time=3 years

ANSWER

P = Rs 1500, R = 12% p.a., T = 3 years

∴SI=

100

PRT

=

100

1500×12×3

=Rs540

∴ Amount = P + SI = Rs 2040

solution

thank you

Answer 2

Answer:

300

Step-by-step explanation:

P = ₹1500

T = 1

R = 20%

SI = PTR/100

SI = 1500*20/100 = ₹300