Question

7) What will be the interest on Rs 5,000 for
2 years at the rate of 2% per month?​

Answer 1

Answer:

$200$

Step by step explanation:

$i = \frac{prt}{100}$

$i = \frac{5000 \times 2 \times 2}{100}$

$i = 50 \times 2 \times 2 = 200$