what is the interest on rupees 20.000 if the interest is 15 percent
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1
Step-by-step explanation:
S.I=
100
20,000×15×3
=9000
Amount = Rs 20,000+ Rs 9000= Rs 29,000
Now, CI= 29,000(1+
100
12
)
2
=29,000×
25
28
×
29
28
=36,377.6
A-P= 36,377.6-29,000= 7377.6
After 5 years = 7377.6+9000=16,377.6
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