Question

the simple interest on principal on ₹5000 at the rate of 10 p. c. p. a. for 2 year is____​

Answer 1

Answer:

SIMPLE INTEREST FORMULA

A = P(1+rt)

Here A is final amount

P is Principal

R is rate is interest

t is Time

therefore,

A= 5000 ( 1 + 10 x 2 )

= 105,000

Answer 2

Answer:

SI = principal x rate x time/ 100

SI= 5000 x 10 x 2 /100

SI = 1000rs

hope it helps..