Question

How much time Will it taken for the principle of $2000 to give $ 1000 as interest at 5% per annum ?

please give me a answer with explanation the ans is
1 year ​

Answer 1

principle =>2000 interest =>1000 rate =>5%

time?

Time = Interest*100/principle*rate

= 1000*100/2000*5

=100/10 =10

according to me correct answer is 10years

Answer 2

Answer:

10 years

Step-by-step explanation:

$time = \frac{si \times 100}{p \times r}$

here , principal= 2000rs

simple interest =1000 rs

rate percent=5%

$time = \frac{1000 \times 100}{2000 \times 5}$

after simplification answer is 10 years

please mark me as brainliest .

and correct answer is 10 years not 1 year.