Question

$Rs.2000$ is lent out at $10$% pa SI for 5 years. Find amount after 5 years

• A. $2000$
• B. $3000$
• C. $1000$
• D. None

Answer 1

Answer: (B)

$3000$

$A=P+I$, $A=2000+\frac{2000\times 5\times 10}{100}$
$=2000+1000=3000$