Shyam took a loan of rs 100000 from a bank at 5p.c.pa and agreed to pay back after 2 years so simple interest
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Answered by
1
Answer:
simple interest is ₹10000
Step-by-step explanation:
principal = ₹ 100000
rate of interest = 5%
time =2 year
simple interest = p×r×t/100
Simple interest= 100000×5×2/100
simple interest = ₹10000
Answered by
0
Answer:
10000
please mark as brilliant
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