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what is the interest on RS. 1000 at 10 p.c.p.a for 1 year.
Question
what is the interest on RS. 1000 at 10 p.c.p.a for 1 year.
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Mathematics
1 year
2021-09-04T00:05:16+00:00
2021-09-04T00:05:16+00:00 2 Answers
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Answers ( )
Answer:
Interest wil be 10% of 100 which is 10
So,
interest will be Rs.10
and total amount to be payed will be 100+10 which is Rs.110
Answer:
Interest is Rs.10
Step-by-step explanation:
Interest of Rs.100 on 10 p.c.p.a is 10% of 100
i.e., 100*10/100 = 10
Thus we have 10 as the interest