Answer:

PHP 2,000.00

Step-by-step explanation:

We need to write the given in order to make an equation.

20,000 and 10%

After that, understand what is the problem.

We need to solve for the Simple Interest (n)

To get the 10% of 20,000, we must convert the 10% into a Real Number

We can do this by converting 10% into 10/100.

And just divide 100 to 10 -------- 10 divided by 100

To get 0.10

And just Multiply 20,000 to 0.10 to get the answer we are looking for.

2000

(don't forget to add the Pesos sign)