Find interest and amount to be paid on Rs15000 at 5% per annum after 2 – InterviewSolution

1.

Find interest and amount to be paid on Rs15000 at 5% per annum after 2 years.

Answer»

principal =15000rate of interest =5%no. of days = 2 years

so, 15000×5×2 ÷ 100

= 1500

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