Question

How many amount on 10% rate of interest on 30 rupees
per month ?​

Answer 1

Answer:

Let's say you borrow $100 at 10% APR. Over the course of one year, you'll pay $10 in interest (because $10 is 10% of $100). ... Credit cards generally charge small amounts of interest daily or monthly (and add those charges to your loan balance), which means you'll actually pay more due to compounding.