Question

In the interest on rupees 5000 at the rate of 15% per a n m u n for one 1 month is

Answer 1

Answer:

here time=1/12 year

rate of interest=15%

principal amount=₹ 5000

interest= ₹ 5000×15/100×12

= ₹ 50×15/12

=₹ 125/2

= ₹ 62.50