Learn in your speed, with individual attention - Teachoo Maths 1-on-1 Class
Last updated at July 3, 2023 by Teachoo
Example 14 Anita takes a loan of Rs 5,000 at 15% per year as rate of interest. Find the interest she has to pay at the end of one year. P = Rs 5000 R = 15% p.a T = 1 year S.I = 𝑃𝑅𝑇/100 = (𝟓𝟎𝟎𝟎 × 𝟏𝟓 × 𝟏)/𝟏𝟎𝟎 = 50 × 15 = Rs 750 ∴ Anita has to play Rs 750 as interest at the end of one year