Question

the interest on 5000 at the rate of 15 per annum for 1 month is

Answer 1

p=5000
r=15%
t=1 month = 1/12 yrs
i=prt/100
5000×15×1÷100×12
=rupees 9000

Answer 2

P = 5000
T = 1
R = 15
S.i = pXrXt /100
s.i = 5000x15x1/1000
=750 Ans.