Question

if any one takes 10rupee in 100as a interest in one month how much money should he take it for 400000​

Answer 1

Answer:

40000 it will take

Step-by-step explanation:

100 ÷ 10 = 10 so 400000÷ 10 = 40000

Answer 2

Answer:

In first case

Principal = P = 100

Interest = I = 10

Time = 1 month = 1/12 year

Let rate of interest = R %

We know that

I = PRT /100

10 = 100 × R × 1/1200

R = 12

In the Second Case

Principal = 400000

Rate of interest = 12%

Time = 1 month = 1/12 year

Interest = I =?

We know that

We know that I = PRT /100

I = 400000 × 12 × 1/1200 = 4000

So the required answer is 4000