Math, asked by dhruvhatankar07, 3 months ago

The rate of interest percent per annum is written as______​

Answers

Answered by dubeybhumi58
2

Answer:

p.c.p.a ( percent per annum)

Answered by RvChaudharY50
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) .]

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