simple interest on ₹1000 for two years at the rate of 5% per annum is
Answers
Answered by
66
Answer:
100
Step-by-step explanation:
Given, principle (P) = 1000 /-
Time (t) = 2 years.
Rate of interest (r) = 5 %
We know, simple interest =
100
P.t.r
∴S.I.=
100
100×2×5
=100/−
∴ Simple interest is Rs. 100
∴ option A is correct.
Answered by
1
Answer:
P = 1000
R = 5%
T = 2 yrs
SI = PRT /100
= 1000 ×2 ×5 /100
100
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