Question

find the capital which gives rupee 1 as interest per month at 5% rate of interest per annum​

Answer 1

Answer:

₹ 240

Step-by-step explanation:

solution : Interest ( I ) = ₹ 1

Time ( T ) = 1 month = 1 / 12 years

Rate ( R ) = 5 %

Principal ( P ) = I × 100 / ( T × R )

= 1 × 100 / { ( 1 /2 ) × 5 }

= ₹ { 12 / ( 1 × 20 ) }

=₹ 240

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Answer 2

Step-by-step explanation:

interest=1

p=(0)

time=1 year

rate of interest=5%