Accountancy, asked by mgha97075, 1 month ago

Findoutinterestoncapitalat10%onRs.50,000for9months​

Answers

Answered by MissSnowflake
2

Explanation:

\sf\underline\pink{ Given \: \: that \: \: :- }

✤ Principle amount (capital) = Rs. 50,000

✤ Rate of interest per annum = 10%

✤ Number of months = 9

\sf\underline\red{ To \: \: Find \: \: :- }

  • Interest = ❓

❖ Interest on capital = \frac{Amount~×~Rate~×~Months}{12~×~100}

  • \frac{50, 000~×~10~×~9}{1200}

  • \frac{ 45,00,000}{1200}

  • 3750

\sf\fbox\green{ Interest \: on \: capital \: = \: Rs. 3750 }

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