Question

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

Answer 1

Answer:

formula =p×t×t/100

Step-by-step explanation:

=1000×2×5/100

=10000/100

=100

Answer 2

Answer:

here principle is rs. 1000 , time is 2 yrs and rate of interest is 5%.

SI = pxrxt /100 = 1000x5x2/100 = rs 100

therefore amount = p + si = 1000 + 100 = 1100