Rishi takes a loan of Rs10000 from a bank for a period of1 year. The rate of interest is 10% per annum. Find the
interest and the amount he has to the pay at the end of a year.
Answers
Answered by
1
Answer:
interest=T×R×P/100
Step-by-step explanation:
then,
T=1
R=10
P=10000
Interest=1×10×10000/100
=1000
Answered by
0
Answer:
Step-by-step explanation:
The loan sum (P) = Rs. 10000
Rate of interest per year (R) = 10%
Time for which it is borrowed (T) = 1 year
Si=p*r*t/100
Si=1000*10*1/100
Si=rs100
Now
A=si+p
A=100+1000
A=Rs 1100Rs
Hope you like my answer
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