Rs10,000 is invested at 5 percent interested rate per annum. After 2 years simple interest will be.
Answers
Answered by
1
interest=
100
p∗r∗t
p = principal amount , r = rate , t = time
interest=
100
10000∗5∗1
interest = RS. 500
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Answered by
2
interest=
p∗r∗t /100
p = principal amount , r = rate , t = time
interest=
10000∗5∗1 / 100
interest = RS. 500
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