What is the interest on RS. 1000 at 10 p.c.p.a for 1 year.
2 answers:
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
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
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