Question

find the simple interest for rs.1000 at the rate of 5% per annum for 1 year
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Answer 1

Answer:

SI=PxRxT/100

=1000×5×1/100

=$50$

I hope it help you..

Answer 2

100

Explanation:

Given, principle (P) = 1000 /-

Time (t) = 2 years.

Rate of interest (r) = 5 %

We know, simple interest =

P.t.r/100

∴S.I.=100×2×5/100

=100/−

∴ Simple interest is Rs. 100