Answer:
The amount is Rs.11000
Step-by-step explanation:
S.I = PxRxT/100
=10000x5x2/100
=1000
Amount=SI +P
=1000+10000
=11000
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Answers & Comments
Answer:
The amount is Rs.11000
Step-by-step explanation:
S.I = PxRxT/100
=10000x5x2/100
=1000
Amount=SI +P
=1000+10000
=11000
Step-by-step explanation:
The formula for simple interest is:
```
SI = P * R * T / 100
```
where:
* SI is the simple interest
* P is the principal amount
* R is the interest rate
* T is the time period in years
In your case, the principal
amount is Rs. 10,000, the
interest rate is 5%, and the
time period is 2 years.
So, the simple interest is:
```
SI = 10000 * 5 * 2 / 100 = Rs. 1000
```
The amount is the principal amount plus the simple interest. In this case, the amount is:
```
A = 10000 + 1000 = Rs. 11000
```
Therefore, the amount is Rs. 11,000.
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