Question

the interst for Rs 100 for one is known as ?​

Answer 1

Answer:

Principal: The money which we deposit in or the lower from the bank or the money learned called the principal. Rate of interest: The interest paid on $ 100 for one year is called the rate per cent per year or rate per cent per annum.

Answer 2

Answer:

hence, 1 rupee interst on 100 rupees indicates that the interest rate is 12%