Question

an amount of rupees 10000 is given on simple interest at weight of 18 % per annum what is its interest per month​

Answer 1

Answer:

₹150

Step-by-step explanation:

18 cancelled by 12 gave 3/2

10000/100=100

100÷2=50

50×3 gives ₹150

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Answer 2

Answer: 150

Step-by-step explanation:

Amount= 10000

Rate per annum = 18%

So interest for one year is =

(Amount*rate)/100=($10000\times 18$)/$100$=1800

interest Per month= 1800/12=150