Question

80 paise interest means how many rupees

Answer 1

80 paise interest means  "Rs. 0.8 (Rs. $\dfrac{4}{5}$)".

Step-by-step explanation:

We have,

80 paise interest

To find, 80 paise interest = ?

We know that,

100 paise = Rs. 1

∴ 1 paisa = Rs. $\dfrac{1}{100}$

80 paise interest = Rs. $\dfrac{1}{100}\times 80$

= Rs. $\dfrac{80}{100}$

= Rs. $\dfrac{4}{5}$

= Rs. 0.8

Hence, 80 paise interest means  Rs. 0.8 (Rs. $\dfrac{4}{5}$).

Answer 2

Given: 80 paise interest

To find The equivalent of 80 paise interest in rupees

Solution: In mathematics, there is a topic called money that can be defined as the exchange of coins and notes that are used to pay in different workplaces. This topic of money is essential for us as it gives us knowledge about borrowing, depositing, and not overspending.

We know that 100 paise makes 1 rupee

∴ 100 paise interest = 1 rupee

⇒ 1 paise interest =(1/100)rupee

∴ 80 paise interest =((1/100)×80 rupees

                                 =(80/100) rupees

                                 =4/5 rupees

                                 = 0.80 rupees

Hence the equivalent of 80 paise interest is 0.80 rupees.