what will be the simple interest payable on a principle of 5000 for a period 2 years at 15% rate per generate of interest
Answers
Answered by
2
Step-by-step explanation:
P=5000
T=2 yrs
R=15%
S.I=PTR/100
=5000×2×15/100
=1500
here is ur answer
Answered by
0
Answer:
simple interest=150
Step-by-step explanation:
SI=P×R×N÷100
( SI= simple interest
P= principle
R= Rate of interest
N= No. year/Time period)
SI= 500×15×2÷100
5×15×2(500÷100=5)
5×30=150
Therefore Simple interest is 150
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