Darkscull475 Darkscull475

10-01-2020
Mathematics

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

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haridattjoshi haridattjoshi

10-01-2020

Here
Principal(P)=15000
Time(T)=2years
Rate(R)=5% p.a.

Interest(I)=PTR/100
=15000*2*5/100
=1500

Amount(A)=P+I
=15000+1500
=16500

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