If simple interest for 100 rupees for one month is 1 what is the interest for 100 rupeeess oñe yeat
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if SI of 1 month = rs 1
SI of 12 month ( 1 year) = 1*12
1 = 100 × 1÷12×r÷100. r = 12%
SI = 100 ×12÷100×1. RS 12
SI of 12 month ( 1 year) = 1*12
1 = 100 × 1÷12×r÷100. r = 12%
SI = 100 ×12÷100×1. RS 12
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