Question

At rate of 10 p.c.p.a , what would be the interest for one year on ₹ 6000?.

Answer 1

Answer:

Step-by-step explanation:

principal = 6000

Rate of interest = 10 p. c. p. a

N = 1

Amount= P x R x T / 100

6000 x 10 x 1 / 100

60 x 10

= 600

Therefore the interest is rs. 600