Principal amount invested = 2500 Rate of interest given = 8% Time for which the money is kept = 15 years Then Interest = Principal * Rate * Time = 2500 * 4% * 15 = (2500 * 4 * 15)/100 = (25 * 4* 15) = 1500 So the interest gained by me is 1500. I hope this is the answer you were looking for and the procedure for doing the problem is clear to you. In future you can do such problems without requiring any help.
Principal (P) = ₹2500 Rate (R) = 8% Time (T) = 15 years Interest = P x R x T divided by 100. = 2500x 8 x 15/100 2 o's are cancelled in both 2500 is changed as 25 then,100 is cancelled.... Therefore, 25 x 8 x 15 = answer is 3000
