A man invests Rs. 1000 at a rate of 10% per annum simple interest. How much will he get after 2 years?
Correct: B
The simple interest is given by the formula I = PRT/100, where I is the interest, P is the principal amount, R is the rate of interest, and T is the time in years. Substituting the given values, we get I = 1000 * 10 * 2 / 100 = 200. Therefore, the total amount after 2 years is 1000 + 200 = 1200.