. 20,000 is invested at 5% interest rate p.a. Find the interest at this end of 2 years
Answers
Answered by
2
interest=
100
p∗r∗t
p = principal amount , r = rate , t = time
interest=
100
20000∗5∗2
interest = RS. 2000
Answered by
10
Answer:
interest= 2000
Step-by-step explanation:
P = 20000, rate = 5%, time = 2 years
S.I = P*R*T/100
= 20000*5*2/100
= 2000
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