Hema borrowed ₹ 4000 at the rate of 15 % per annum from Banu. Find the simple interest which Hema needs to pay to Banu after 5 y
ears?
1 answer:
Step-by-step explanation:
P=Rs4000
Rate(R)=15%
Time(T)=5years
Here,
SI=PTR/100
= 4000×15×5÷100
= Rs3000
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