The interest on Rs 5000 at the rate of 15% per annum for one month is
(a) Rs 750 (b) Rs 75 (c) Rs 625 (d) Rs 62.50
I need it with explanation
Answers
Answered by
2
Answer:
d 62.50
Step-by-step explanation:
Answered by
1
Answer:
Answer is (a)- Rs 750.
Step-by-step explanation:
SI = P x R x T
Therefore ,
SI = (5000 x 15 x 1) ÷ 100
= 75000 ÷ 100
= Rs 750.
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