Arithmeticeasy · Past Paper

Find the amount if Rs 5000 is invested at 10% simple interest for 2 years.

ARs 5500
BRs 1000
CRs 6000
DRs 7000

✓ Correct Answer: CRs 6000

I = (5000*2*10)/100 = 1000. Amount = P + I = 5000 + 1000 = 6000.

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