Question

Interest on Rs 24000 for 1 month at the rate of 10 % per annum is:

Hey mate help me Plz....​

Answer 1

Step-by-step explanation:

Principal = ₹24,000

Time = 1 month

$= \frac{1}{12} \: \: years$

Rate = 10%

Hence,

$si \: = \: \frac{p \: \times \: r \: \times \: t}{100 }$

$= \frac{24000 \times \frac{1}{12} \times 10 }{100}$

$= 200$

Answer 2

Interest on Rs. 24000 for 1 month at the rate of 10 % per annum is Rs. 200

Given :

Rs. 24000 for 1 month at the rate of 10 % per annum

To find :

The interest

Solution :

Step 1 of 2 :

Find principal , time and rate of interest

Principal = P = Rs. 24000

Time = t = 1 month = 1/12 year

Rate of interest = r% = 10%

Step 2 of 2 :

Find the interest

Hence the required interest

$\displaystyle \sf{ = \frac{Prt}{100} }$

$\displaystyle \sf{ =Rs. \: \: \frac{24000 \times 1 \times 10}{12 \times 100} }$

$\displaystyle \sf{ =Rs. \: \: 200 }$

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