Q. 1 B5.0( 2 Votes )

# Use the formula to find simple interest and amount.

Given: Principal (P) = Rs. 15000,

Rate of Interest (R) = 11% and

Number of years (T) = 2year

As simple interest (SI):

SI = Rs. 3300

As we know,

Amount = P + SI

A = 15000 + 3300

A = Rs.18300

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