Question

Find Interest on Rs.12,000 for 1 month at the rate of 10% p.a?​

Answer 1

Finding Simple Interest

Step-by-step explanation:

SI=P×R×T/100

Principal=Rs.12000,

Time=1month= 1/12 year

Rate=10%p.a.

Interest= 100/P×R×T

=12000× 10/100×12×1

=Rs.100

Answer =100 Rupee

Hope it helps ヾ(＾-＾)ノ

Answer 2

Step-by-step explanation:

Principal=Rs.12000,

Time

$Time = 1month = \frac{1}{12} year$

Rate =10%p.a.

Interest=P×R×T/100

=12000×10/100×12×1

RS=100