simple intrest = principal - 2000$., rate of interest- 5% per amount , time - 5 years
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Step-by-step explanation:
Given Principal = Rs 2000, Rate of Interest = 5% per annum and Time = 5 years. We know that simple interest = (P × T × R)/100 On substituting these values in above equation we get SI = (2000 × 5 × 5)/100 = Rs 500Read more on Sarthaks.com - https://www.sarthaks.com/685722/find-the-simple-interest-when-principal-rs-2000-rate-of-interest-5-per-annum-and-time-years
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