Math, asked by reyanshsungroyajatt, 2 months ago

The extra money paid by a bank for every ₹100 after one year is called - *

Answers

Answered by AchuTae

4

Answer:

Extra money paid back is called the simple interest (S.I).

Step-by-step explanation:

Interest is expressed as rate par cent per annum 12% per month means, the interest on $100 for 1 year is $12.

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