Rs 1000 rupees is lent out at 10% rate of interest find the interest which will be received at the end of two and half years
Answers
Answered by
1
Answer:
in simple interest 250 rs and in compound interest 270.5rs
Answered by
1
Answer:
₹250
Step-by-step explanation:
principal=1000inr
rate of interest=10%
time=2.5year
interest=P×R×T
interest=1000×10×25/100×10
=10000×25/1000
interest =₹250
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