1.

Jatin borrowed a sum of Rs 10000 from Rahul in an hour of need . Rahul gave the money happily but charged some interest at the rate of 15%p.a. for 2 years . Calculate the interest paid by him. ​

Answer»

ong>Answer:

simple interest= P×R×T/100

Step-by-step EXPLANATION:

principal = 10000

rate =15%

TIME = 2 years

simple interest= 10000×15×2/100

= 3000



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