Question

if rupees 10000 is deposit with simple interest at 18 pcpa the monthly interest obtained is​

Answer 1

The monthly interest obtained is Rs.150.

Step-by-step explanation:

The invested amount is Rs. 10000, and is deposited with simple interest at 18 PCPA i.e. per cent per annum.

Therefore, the yearly interest is 18%.

So, the monthly interest is $\frac{18}{12} = 1.5\%$.

Hence, the monthly interest obtained from this investment of Rs. 10000 will be = $\frac{10000 \times 1.5}{100} = 150$ Rs. (Answer)

The interest formula of simple interest is $\frac{Prt}{100}$ , where P is the principal invested, r is the rate of interest in percent and t is the time of holding time of the principal.

Answer 2

Answer:

150

Step-by-step explanation:

is too simple but i only tell answer not explaination ok plz send me explaination

and you are apply in navodaya?

it also my question

plz tell are you navodayan