100000 rs pr 3% Interest for one month?
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interest is Rs 250 for 1 month
swethasravs:
interest is Rs 250 for 1 month
Yes u r correct
yeah 250... I took the principal as Rs1000000... instead of 100000
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Principle = Rs.100000
Rate = 3%
time = 1 month
S.I = P × R × T / 100
S.I =100000 × 3 ×1 / 100 × 12 = Rs.250
Rate = 3%
time = 1 month
S.I = P × R × T / 100
S.I =100000 × 3 ×1 / 100 × 12 = Rs.250
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