Question

Find the simple interest on Rs10000 at the rate of P.C.P.A for 1 year ​

Answer 1

Answer:

Simple intrest on Rs 10000 at the rate of 10 p.c.p.a for 1 year is Rs 1000.

Step-by-step explanation:

1 Given. Principal-₹10000. Rate-10% n/time-1 year.

2 Find. Simple interest.

3 Formula. By using formula S. I=PRT/100.

Solution. S. I=PRT/100. ∴S. I=10000×10×1/100. ∴S.I=100000/100. ∴S.I=1000₹ Hence the simple interest is 1000

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