Browse by Stream
QnA
Home
QnA
Go To Your Study Dashboard

Get Answers to all your Questions

header-bg qa
  • Home
  • NCERT
  • Find interest and amount to be paid on Rs 15000 at 5% per annum after 2 years.

Q Find interest and amount to be paid on Rs 15000 at 5% per annum after 2 years.
 

Answers (1)

best_answer

\\Interest\ =Principal\ amount\times\frac{Interest\ rate}{100}\times time\\ \:\:=15000\times \frac{5}{100}\times 2\\

=Rs1500

Amount to be paid = Interest + Principal Amount

=Rs 15000 + Rs 1500

=Rs 16500

 

Posted by

Sayak

View full answer

Similar Questions

Trending Articles/News

anam-khan

JNVST Class 6 admit card 2025 out at cbseitms.rcil.gov.in; steps to download

Latest Question