Math, asked by aryman001, 6 months ago

if the interest on a sum of ₹10000 for 1 month is ₹1000, what is the interest rate?
Plz answer it

Answers

Answered by abhimanyusingh49110

0

Answer:

Rate =120%

Step-by-step explanation:

Principle =10000Rs

SI=12×1000=12000Rs

Time =1 year

Rate =?

SI=P×R×T/100

12000=10000×1×R/100

R=12000×100/10000×1

R=120%

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