Question

find the amount on a principal of rupees 2,000 for two years at 10% per annum ​

Answer 1

As we know the formula to find

S.I = P×R/100 ×T

According to the question, put the value

S.I = 2000 × 10/100 × 2

we get

S.I = ₹400

But we have to find the amount

so the formula of ammount

A= P + S.I

As we have found the value of S.I

Put the value

A= ₹2000 + ₹400

= ₹ 2400

Answer = ₹2400

hope it helps ☺️