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sriyamisra774
@sriyamisra774
May 2021
1
36
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Hii everyone
Good evening
I wanna a help from you
Please don't spam or copy..... Or else I will report your 20 answes
I need your answer.....
Question:-)
The interest on rupees 40000 for 3 years at the rate of 15% per annum is
Answers & Comments
ItzAashutosh
SIMPLE
INTEREST
=
(
P
N
R
)
/
1
0
0
P
=
4
0
,
0
0
0
N
=
3
years
R
=
15
%
SO
,
INTEREST
AT
THE
END
OF
1
ST
YEAR
=
(
4
0
,
0
0
0
×
3
×
1
5
)
/
1
0
0
=
(
4
0
0
×
3
×
15
)
=
(
1
2
0
0
×
1
5
)
=
1
8
,
0
0
0
Rupees
.
.
.
.
.
HOPE
IT
HELPS
.
.
.
.
.
4 votes
Thanks 3
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Answers & Comments
SIMPLE INTEREST = (P N R)/100
P = 40,000
N = 3 years
R = 15%
SO, INTEREST AT THE END OF 1ST YEAR
= ( 40,000 × 3 × 15 )/100
= ( 400 ×3 × 15)
= ( 1200×15)
= 18,000 Rupees.....
HOPE IT HELPS.....