Question

what is the interest on Rs 20000 if the interest rate is 15%.​

Answer 1

Answer:

20000×15/100

200×15= 3000

Answer 2

Answer:

3000 for 1 year

Step-by-step explanation:

Time = ?

Let the time as 1 yrs .( write the time of money yours book okay)

Principal = 20000 , Rate = 15% & Time = 1 yr

Simple Interest  =  P X R X T/100 = 3000

$SI = \frac{p*r*t}{100} = \frac{20000 * 15 * 1}{100} = 3000$