Shubash deposited Rs. 10000 at simple interest for 2 years. Had the interest been 2%, how much amount he would have got?
Answers
Answered by
1
Answer:
Shubash deposited Rs. 10000 at simple interest for 2 years. Had the interest been 2%, how much amount he would have got? Shubash gains an amount of 10400 after 2 years.
Answered by
8
Answer:
P = 10000
R = 2%
T = 2 Years
Simple Interest = PTR/100
= 10000*2*2/100
= 400
Amount = Principal + Interest
= 10000+400
= 10400
Shubash gains an amount of 10400 after 2 years.
Similar questions