find the simple interest on rupees 48000 at a rate of 15% per annum ,per one month
Answers
Answered by
0
Answer:
Name the materials through which the cricket's important tools made up of. Solution: Cricket's most important tools are made up of natural and pre-industrial materials.
Answered by
3
Answer:
Given Rate of interest is r=221%=25%=0.025
Principal Amount is A=48,000
Time is t=2 years
Interest is compounded yearly once ⟹n=1
Amount =P(1+nr)nt=48000×(1+0.025)2=50,430
Interest is A−P=50,430−48,000=2430
Similar questions