Question

A tennis club deposited ₹10,000 in a company at the rate of 12% per annum.Every year,this interest amount is distributed equally as prizes to the best 10 tennis players of the club.What will be the prize amount that each player will receive?

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Answer 1

Step-by-step explanation:

A tennis club deposited ₹10,000 in a company at the rate of 12% per annum.Every year,this interest amount is distributed equally as prizes to the best 10 tennis players of the club.What will be the prize amount that each player will receive?

Answer 2

Answer:

each player gets rs.120

Step-by-step explanation:

interest is rs.1200 and is divided among 10 players