Question

the sum of rupees 2,000 is deposit in the bank for 5 years with the simple interest at the rate of 10%per year. what will be the amount after 5 years?​

Answer 1

Answer:

₹15000

Step-by-step explanation:

Principal=2000

Time=5 years

Rate of interest=10%p.a.

S.I .=2000×5×10÷100=1000

Amount=Principal+S.I.

=2000+1000=₹3000

Amount after 5 years=₹(3000×5)=₹15000

Thank u