Question

Rs 10,000 is invested at 5% interest rate p.a. Find the amount after 2 years.​

Answer 1

Answer:

P = 10,000

R = 5%

T= 2 yrs

S. I = PRT/100

= 10000×5×2/100

= 1,000 rs

Amount = P+S.I

= 10,000+1,000

= 11,000 RS