Question

the interest on ₹50 at the rate of simple interest of 10% per annum for 2 years is how much times of the interest on ₹100 for 1 years at the same rate of interest ,
​

Answer 1

50.7 paisa and 5.86 ruppee

Answer 2

Step-by-step explanation:

Answer:

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/