English, asked by reenamani111, 3 months ago

A money lending institution compounded interest monthly at 12% annual rate.how much interest is to be paid 2 months for 5000rupees?

Answers

Answered by rekhamaity9898

0

Answer:

SI= P×R×T/100

= 5000×2/12×12/100

= 50×2/12×12

= 50×2

= 100

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