Answer the following as directed.
1. Find the simple interest of ₹1000 kept for 2 years a 3% rate of interest.
2. Find the amount and interest of ₹5000 kept for 2 years at 7% rate of interest.
Answers
Answered by
1
Answer:
1. 60
2.
Step-by-step explanation:
principle=100
rate=3%
time=2years
= 100x3x2/100
=10x3x2
=60
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