Mohith borrowed $R s .3000$ from his friend Anesh at $15$ percent per annum for $3$ years. Find the interest and money returned by Mohith to Anesh.

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Solution

P = Rs 3000
r = 15 %
t = 3 years
$S I = \frac{P \times R \times T}{100}$
$= \frac{3000 \times 15 \times 3}{100} = 1350$
$∴$ Amount to be returned
$\Rightarrow P + S I$
$= 3000 + 1350$
$= R s 4350$

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Mohith borrowed Rs.3000 from his friend Anesh at 15 percent per annum for 3 years. Find the interest and money returned by Mohith to Anesh.

P = Rs 3000 r = 15 % t = 3 yearsSI=P×R×T100=3000×15×3100=1350∴ Amount to be returned⇒P+SI=3000+1350=Rs4350

Mohith borrowed $R s .3000$ from his friend Anesh at $15$ percent per annum for $3$ years. Find the interest and money returned by Mohith to Anesh.

P = Rs 3000
r = 15 %
t = 3 years
$S I = \frac{P \times R \times T}{100}$
$= \frac{3000 \times 15 \times 3}{100} = 1350$
$∴$ Amount to be returned
$\Rightarrow P + S I$
$= 3000 + 1350$
$= R s 4350$