What is the interest on Rr 20,000 if the interest rate is 15%?
1 answer:
Answer: Rr.3,000
Step-by-step explanation:
The interest is the amount that accrues on a principal that was invested or a cost that was incurred.
It is based on a certain interest rate which in this case is 15%.
The principal is Rr. 20,000.
Interest = Principal * Interest rate
= 20,000 * 15%
= Rr.3,000
You might be interested in
Answer:
it is 5.6
Step-by-step explanation:
Multiple all the sides
X= -2 and x= 2 are the answers
7/3 you divide 3.5 by 1.5 and get 2.3333333 which in fraction form is 7/3
<u>Answer:</u> 5 years!
<u>Reasoning:</u>
Year 1: 2700 x .70=1890
Year 2: 1890 x .70= 1323
Year 3: 1323 x .70= 926.1
Year 4: 926.1 x .70= 648.27
Year 5: 648.27 x .70=453.79
The graph is shown in the attached image.
