How much time will it take for an amount of 1000 to yield 100 as interest at 5% per annum of simple interest?
Choose the correct choice from the following options
A) 3 years	B) 4 years	C) 2 years	D) 5 years	E) 7 years
Time = (100 x 100)/(1000 x 5) years = 2 years.   answer 2 years
<result>C</result>
How much time will it take for an amount of 1000 to yield 100 as interest at 5% per annum of simple interest?