Math, asked by ideefj, 9 hours ago

What will be the Simple Interest after 5 years if 15000 is deposited in a bank at 6% simple interest rate?
Simple interest = P x r x t
P = Principal
r = Interest rate given as %, is written as r/100
t = Time in years

Answers

Answered by Ram724
0

Answer:

S.I = PRT/100

P=15000

R=6%

T= 5years

by using S.I Formula

prt/100

15000×6×5 / 100

450,000 /100

4,500 is your answer

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