Question

Calculate the normal rate of interest of 5 year on Rs.988 of a 18% interest per annum.

Answer 1

HEY MATE HERE IS YOUR ANSWER

P=988

R=18%

T=5

I=P×R×T/100

I=988×18×5/100

I=889.2

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Answer 2

HEY MATE HERE IS YOUR ANSWER--

P=988

R=18%

T=5

$i = \frac{p \times r \times t}{100 }$

I=889.2