The rate of interest percent per annum is written as______
Answers
Answered by
2
Answer:
p.c.p.a ( percent per annum)
Answered by
37
Given :- The rate of interest percent per annum is written as______ ?
Answer :-
- pa used for per annum .
- sometimes it is also written as p.c.p.a = % per annum .
also, in order to find rate of interest per annum in simple interest, we use,
- R% = (simple interest * 100) / (Principal * time) .
[ Note :- in order to find monthly interest rate from annual rate, we have to divide it by 1200(12 * 100) .]
Learn more :-
CI in 2yr is Rs. 1600 and in 3 yrs it will be Rs. 1700. Find the rate of interest.
https://brainly.in/question/32463301
7. Abhishek invested some amount for 3 yrs at rate of 16(2/3)% per annum at Cl. The difference of CI obtained
only on 3r...
https://brainly.in/question/38286271
Similar questions