The Simple Interest on ₹ 1000 at 10% p.a for 2 years is
Answers
Answered by
5
Answer:
Simple interest=(principal ×rate ×time) /100
SI=Rs (1000+10+2)/100
=Rs 1012/100
=Rs 10.12
Hope it helps...
^_^
Answered by
1
Answer:
Correct option is
A
Rs.200
Given, principle (P) = 1000 /-
Time (t) = 2 years.
Rate of interest (r) = 10 %
We know, simple interest =
100
P.t.r
∴S.I.=
100
100×2×10
=200/-
∴ Simple interest is Rs. 200
∴ option A is correct.
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