what is the interest on Rs22000 for 6 month at the rate of 10 percent per annum
Answers
Answered by
1
Answer:
Principal,P = Rs. 66,000
Time,T = 2 years
S.I. = 72,720 - 66,000 = Rs. 6,720
Rate,R = ?
∴ S.I. =
100
P×R×T
⇒ R =
66,000×2
6720×100
⇒ Rate = 5.09% per annum
Answered by
2
Answer:
P= Rs22000, R=10, N= 6 months =1/2 year
Simple Imterest =PRN/100
= 22000×10×1/100×2
=2200/2
=1100
Rs 1100 is the interest on Rs22000 for 6 month at the rate of 10 percent per annum.
hope it helps❤
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