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Find the simple interest earned on Rs.20000 for 2 years at 10% p.a.

  • Option 1)

    Rs.4500

  • Option 2)

    Rs.2000

  • Option 3)

    Rs.4000

  • Option 4)

    Rs.5000

  • Option 5)

    Rs.6000

Answers (1)

best_answer

S.I =\frac{ (2000 \times 2 \times 10) }{100} = 4000

Or S.I = RT% of P = 10 x 2 %P  of P i.e 20 % of

= \frac{20}{100} \times 20000 = 4000.

Posted by

rishi.raj

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