Name the following 58 and 86.67 are ________decimals. and stay tuned

1.	Name the following 58 and 86.67 are ________decimals. and stay tuned for more
Answer» Answer: SOLUTION : We know, • Simple interest = (PRINCIPAL × Rate × TIME)/100 Put all values : \longrightarrow⟶ Simple interest = (10000 × 15 × 2)/100 \longrightarrow⟶ Simple interest = 300000/100 \longrightarrow⟶ Simple interest = 3000 Thus, Simple interest is Rs 3000 . Now, We also know that, • Amount = Principal + Interest So, \longrightarrow⟶ Amount = 10000 + 3000 \longrightarrow⟶ Amount = 13000 Thus, Amount to be paid at the end of 2 YEARS is Rs 13000.

Name the following 58 and 86.67 are ________decimals. and stay tuned for more

Answer»

Answer:

SOLUTION :

We know,

• Simple interest = (PRINCIPAL × Rate × TIME)/100

Put all values :

\longrightarrow⟶ Simple interest = (10000 × 15 × 2)/100

\longrightarrow⟶ Simple interest = 300000/100

\longrightarrow⟶ Simple interest = 3000

Thus,

Simple interest is Rs 3000 .

Now,

We also know that,

• Amount = Principal + Interest

So,

\longrightarrow⟶ Amount = 10000 + 3000

\longrightarrow⟶ Amount = 13000

Thus,

Amount to be paid at the end of 2 YEARS is Rs 13000.