Question

mr shah deposited rs 72000 in a fixed deposited for one year at 12 1/2 %interest what interest he will at the end of year?
$( \: \: \: \: \: ) \frac{interest}{12 \frac{1}{2} } ( \: \: \: \: \: ) = ( \: \: \: \: \: )$

Answer 1

we know that
SI = PxNxR/ 100
= 72000×1× 12.5/100
= 30000
He will get rs 30000 as interest