What isthe simple interest for 1000rupeesat the rate of interest 10%fo

1.	What isthe simple interest for 1000rupeesat the rate of interest 10%for 2 years
Answer» rong>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* .

What isthe simple interest for 1000rupeesat the rate of interest 10%for 2 years

Answer»

rong>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 .