Math, asked by renurai9795, 6 hours ago

in what time will rupees 10000 amount to rupees 11000 at 5% simple interest

Answers

Answered by manas09090

2

Answer:

2Years

Step-by-step explanation:

Amount=SI+Principal

11000=SI+10000

1000=SU

SI(Simple Interest)=P(Principal)×R(Rate)×T(Time)/100

1000=10000×5×T/100

1000=50000T/100

1000=500T

1000/500=T

2=T

2years

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