Question

Y 1000 interest t 2y percent 8%

Answer 1

⛤HERE IS YOUR ANSWER⛤

Sum (S) = Rs 1000
Time (t) = 2 years
Rate (r) = 8%

So, interest (I)

= (S × r × t)/100

= Rs (1000 × 8 × 2)/100

= Rs 160

⛤HOPE THIS ⬆ HELPS YOU⛤