Simple interest earned on Rs. 2000 at the rate of 5%per annum for 12 months is
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2
Answer:
principal - Rs 2000
Rate of interest - 5%p.a
Time - 12 months = 1 year
Simple interest = P× R × T
= 2000×5×1 / 100
= Rs. 100
Answered by
0
Step-by-step explanation:
si=p×r×t/100
12/12=1 1
2000×5×1/100=100
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