Question

Rs10000 is invested at 5% interest rate per annum. Find the interest at the end of

2 years​

Answer 1

Answer:

Rs 1,000

Step-by-step explanation:

Principle= Rs 10,000

Rate per annum = Rs 5%

Time = 2 years

Interest = PTR/100

Interest = (10,000 * 2* 5)/ 100

Interest = Rs 1,000

Amount = Interest + Principle

Amount = 1,000 + 10,000

Amount = 11,000

Hope it helps