Question

find the intrest on 75,000 on 8% per annum

Answer 1

Step-by-step explanation:

the answer is 6,000 rupees

Step by step explanation- if there is no time mentioned then by default we take time as 1 year so here

Principal - 75000

Time - 1 year

Rate of interest - 8% p.a.

so formula to take out interest when time, principal and rate is given is -

P×R×T/100

so , 75000×8×1/100 two zeros cancel

so 750×1×8 = 750×8= 6000 rupees

thank you