Question

In what time period will rupees 10000 learn and earn and interest of 2ooo 10 % Pa

Answer 1

Answer:

2 years

Step-by-step explanation:

at the given rate of interest, interest earned in 1 year=10% of 10000=1000

therefore, interest of 2000 will be earned in 2 years

alternatively you can use the formula

$simple \: interest = \frac{prt}{100}$