Question

interest on rupees 100 at 10% per annum for one year is

Answer 1

Answer:

S.I = P×R×T/100

S.I = 100×10×1/100

S.I = 10

Answer 2

Answer:

Rupees 10

Step-by-step explanation:

$simple \: interest = \frac{principal \times rate \times time}{100}$

Given,

Principal= 100

Rate= 10

Time= 1

$interest = \frac{100 \times 10 \times 1}{100} \\ = 10$