principal 500 rate 1/5 time 2year
Answers
Answered by
0
Step-by-step explanation:
simple interest = PXRXT/100
=500X2X1/5X100
=1000/500
=2
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Answered by
0
Answer:
Interest = ₹ 2/-
Step-by-step explanation:
P = 500
R = 1/5%
T = 2
I = (P x R x T) ÷ 100
= 500 x 1/5 x 2 ÷ 100
= 2
∴ Interest = ₹ 2/-
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