Question

Find the amount on & 1000 for 2 years at the rate of 5% p.a.​

Answer 1

use i=ptr/100

i cant understand the question

can you clarify the question

Answer 2

➤ Given :-

Principal (P) = ₹1000

Time(T) = 2 years

Rate(R)= 5%

➤ To Find :-

Total amount given at last of 2 years....

➤ Formula :-

$\large\bf {\orange {\underline { \underline {P×R×T÷100}}}}$

➤ Solution :-

$\longrightarrow \sf \: \frac{1000 \times 2 \times 5}{100}$

$\longrightarrow \sf \cancel \frac{10000}{100} = \frac{100}{1} = 100$

Total amount = Principal + Simple intrest

= 1000 + 100

= ₹ 1100

Therefore,the total amount given after 2 years is ₹ 1100.