Math, asked by alekya9371, 7 months ago

What is the interest of 20000 in rate of 1.5% of 5 month?

Answers

Answered by unnatiujgare999

1

Step-by-step explanation:

Simple interest = PTR/100

P = Price

T = Time

R = Rate

1.5 = 15/10

15/10 × 100= 15/1000

Therefore: 20000 × 5 × 15/1000 = 1500

Interest = 1500

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