Question

Find the simple interest if a man invests ₹1000 for two years at the rate of 10% per annum in a bank. ​

Answer 1

Answer:

simple interest is defined as principal x time multiplied rate of interest bye 100 so if we solve this formula we get can get the answer as 1000 into 2 into 10 which is equal to 20000. now you have to divide this number with hundred . therefore we get rupees 200. therefore that is answer

Answer 2

⭐Solution⭐

➡Given here

principle = ₹1000

Rate. = 10% per annual

time = 2 years

So,

S.I. =( P×R×T)/190

= (1000×2×10)/100

= ₹200

✨Thats answer✨