Find simple interest and amount on Rs. 15000 5% per annum after 2 years. (2024)

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The simple interest to the sum Rs. 15,000 for 2 years at a rate of interest 5% per annum is
S.I.=PRT100
⇒15,000×2×5100=1,500.
The interest will be Rs. 1,500

and the amount at the end of 2 years.
=P+I=15000+1500= Rs. 16,500

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Find simple interest and amount on Rs. 15000 5% per annum after 2 years. (2024)

The simple interest to the sum Rs. 15,000 for 2 years at a rate of interest 5% per annum isS.I.=PRT100 ⇒15,000×2×5100=1,500.The interest will be Rs. 1,500 and the amount at the end of 2 years. =P+I=15000+1500= Rs. 16,500

The simple interest to the sum Rs. 15,000 for 2 years at a rate of interest 5% per annum is
S.I.=PRT100
⇒15,000×2×5100=1,500.
The interest will be Rs. 1,500

and the amount at the end of 2 years.
=P+I=15000+1500= Rs. 16,500