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Mr.Joshi burrowed a sum of rs15000 from Mr.bhatta at the rate of 15% per year Calculate the amount received by Mr. Bhatta in 10 months.Step by Step please |
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Answer» Step-by-step explanation: PRINCIPAL: Rs.15000 Rate of Interest = 15% p.a Time/No.of years = 10/12 yrs SIMPLE Interest = PTR/100 = (15000 × 10/12 × 15)/100 = Rs. 1875 AMOUNT = Principal + Simple Interest = 15000 + 1875 = Rs. 16875 |
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