Question

I give an interest of ₹ 60000 in 1 year 12280, so what will be the interest in a ₹ 100 in 1 year?​

Answer 1

Answer:

20.46

Step-by-step explanation:

P=60000

T=1 year

I=12280

Rate of interest or the interest of 100 in 1year is=I*100/P*T

=12280*100/60000*1

=20.46