2 answers:
Step-by-step explanation:
A.) Correct Answer: 12%
Given , Principle = ₹ 1 , Time = 1 month = ( 1 / 12 ) year and SI = 1 paisa = ₹ ( 1 / 100 )
As we know that ,
Rate =SI × 100Principal × Time
Rate =(1 ÷ 100) × 100= 12% p.a.1 × (1 ÷ 12)
B.) Correct Answer:
Answer:
See below ↓
Step-by-step explanation:
a) I = Prt
- r = I/Pt
- r = 0.01/1x(1/12)
- r = 0.12
- r = <u>12%</u>
<u></u>
b)
- r = I/Pt
- r = 0.02/1x(1/12)
- r = 0.24
- r = <u>24%</u>
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