Question

If the rate is 10 p.c.p.a what is
the yearly interest on rupees 2000.​

Answer 1

Answer:

200

Step-by-step explanation:

intrest=p*t*r/100

here p=2000

rate=10%per annum

t=1year

so,

intrest=2000*10*1/100. =200

Answer 2

Answer: Yearly interest = Rs. 200

Step-by-step explanation:

Given,

P = 2000

Rate = 10%

T = 1 year

∴ Simple interest = $\frac{P * R * T}{100}$

                            = $\frac{2000* 10 * 1}{100}$  = 200

∴ Yearly interest = Rs. 200