What is the simple interest on 2000 rs for 2 years?
Answers
Answered by
0
Answer:
The simple interest on ₹2,000/- for 2 years at ₹75 per thousand per annum will be. ₹150/-
Answered by
2
Answer:
hope my answer will help u
Step-by-step explanation:
Compound interest:
A=P(1+
100
r
)t
Given:Principal=Rs2000
r=5
t=2
A=2000(1+
100
5
)×2
A=2000×
100
105
×2
A=Rs.4,200
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