What isthe simple interest for 1000rupeesat the rate of interest 10%for 2 years
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TO FIND SIMPLE INTEREST —
PRINCIPAL = ₹1000
RATE OF INTEREST= 10%
TIME - PERIOD = 2 YEARS
S.I. = P × R × T / 100 = ₹( 1000 × 10 × 2 / 100 ) = ₹ 2000 .
ANSWERED BY RUDRA MADHAB SAHOO .
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Answer:
400
Explanation:
principal:-1000
rate%:-10%
time :- 2 yr
si:- principle × rate × time /100
=1000×10×2/100
=10×10×2
=200
therefore,simple interest will be 200 ruppee
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