Question

Principal= Rs 2000, Rate=10%p.a, Duration=2 years Find the Amount​

Answer 1

$\huge \mathtt{ \colorbox{red}{⚘.Ur Answer!}}$

Given:-

Principal = Rs 2000

Rate = 10%p.a

Time = 2 years

$\huge \star\mathfrak \red\star$$\huge \star\mathfrak \red\star$$\huge \star\mathfrak \red\star$$\huge \star\mathfrak \red\star$$\huge \star\mathfrak \red\star$

∴ To find the Amount, first we need to find the S.I (Simple Interest)

⇒ S.I = P×R×T/100

= 2000×10×2/100

= 400

⇒ Amount = (Principal + S.I.)

= (2000 + 400)

= Rs.2400

$\huge \star\mathfrak \red\star$$\huge \star\mathfrak \red\star$$\huge \star\mathfrak \red\star$$\huge \star\mathfrak \red\star$$\huge \star\mathfrak \red\star$