Question

A man borrows rupees 2000 and pays back after 3 years at 10% simple interest.The amount paid by the man will be?
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Answer 1

Answer:

AMOUNT will be 1400 rupees

Answer 2

$\huge\underline\mathfrak\purple{SolutiOn:}$

cost price = 2000

time = 3 years

rate = 10% per annum

Sl = $\frac{200 \times 3 \times 100}{100}$= 6000

${\bold{\underline{\underline{Amount\:=\:2600}}}}$