In what time period will rupees 10000 learn and earn and interest of 2ooo 10 % Pa

In what time period will rupees 10000 learn and earn and interest of 2ooo 10 % Pa

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  1. Answer:

    2 years

    Step-by-step explanation:

    at the given rate of interest, interest earned in 1 year=10% of 10000=1000

    therefore, interest of 2000 will be earned in 2 years

    alternatively you can use the formula

    [tex]simple \: interest = \frac{prt}{100} [/tex]

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