A sum of $R s . 10, 000$ is borrowed at a rate of interest $15 %$ per annum for $2$ years. Find the simple interest on this sum and the amount to be paid at the end of $2$ years.

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Solution

The simple interest to the sum Rs. $10, 000$ for $2$ years at a rate of interest $15 %$ per annum is $\frac{10, 000 \times 2 \times 15}{100} = 3, 000$ .
So the interest will be Rs. $3, 000$ at the end of $2$ years.
And the amount will be $10, 000 + 3, 000 = 13.000$ at the end of $2$ years.

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A sum of Rs.10,000 is borrowed at a rate of interest 15% per annum for 2 years. Find the simple interest on this sum and the amount to be paid at the end of 2 years.

The simple interest to the sum Rs. 10,000 for 2 years at a rate of interest 15% per annum is 10,000×2×15100=3,000.So the interest will be Rs. 3,000 at the end of 2 years.And the amount will be 10,000+3,000=13.000 at the end of 2 years.

A sum of $R s . 10, 000$ is borrowed at a rate of interest $15 %$ per annum for $2$ years. Find the simple interest on this sum and the amount to be paid at the end of $2$ years.

The simple interest to the sum Rs. $10, 000$ for $2$ years at a rate of interest $15 %$ per annum is $\frac{10, 000 \times 2 \times 15}{100} = 3, 000$ .
So the interest will be Rs. $3, 000$ at the end of $2$ years.
And the amount will be $10, 000 + 3, 000 = 13.000$ at the end of $2$ years.