The amount to be paid, when principal = Rs. 2000, rate of

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The amount to be paid, when principal = Rs. 2000, rate of simple interest (R) = 5%, T = 2 years, is :

Here , Principal = Rs. 2000, rate (R) = 5% , T = 2 years,

SI =	Principal × Time × Rate
	100

SI =	2000 × 2 × 5
	100

SI = Rs. 200
∴ Required amount = Principle + SI = Rs. (2000 + 200) = Rs. 2200