Calculate the Simple Interest if the principal amount is Rs. 2000, the time period is 1 year and the rate is 10%. Also, calculate the total amount at the end of 1 year.
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Answered by
3
P = 2000
R = 10℅
T = 1 YEAR
SI = P×R×T
= 2000×10×1/100
= 200
AMOUNT = P + SI
= 2000+200
= 2200
Answered by
8
Answer:
Here's your answer
Principal (P) = Rs 2000
Rate of interest (R) = 10 p.a.
Time (T) = 1 years
Simple interest = P×R×T100=2000×5×510
=Rs 200
Amount= 2000+200
=2200 rs
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