If P = ₹2000, R = 5% per annual, T = 5 year
A. Total sum of amount = ₹2200
B. SI = ₹200
C. SI = ₹500
D. Total sum of amount = ₹2500
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
P = 2000, R = 5%, T = 5 year
S.I. = $\frac{P\;×\;5\;×\;5}{100}=\frac{2000\;×\;5\;×\;5}{100}=500$ rs
Amount = 2000 + 500 = 2500 rs.
Hence, C and D is correct answer.
Alternate way:
Here, as per option, we can conclude
Either (A and B) or (C and D) can be correct.
(A and B) is not in the option, therefore, (C and D) is the only answer.