17 -
The simple interest on 1000 at 6% p.a.
for 2 years is
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Answered by
0
Answer:
Step-by-step explanation:
Answer
Correct option is
A
Rs.100
Given, principle (P) = 1000 /-
Time (t) = 2 years.
Rate of interest (r) = 5 %
We know, simple interest =
100
P.t.r
∴S.I.=
100
100×2×5
=100/−
∴ Simple interest is Rs. 100
∴ option A is correct.
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