Question

what will be the interest on ₹100 for 1year in a fixed deposit which offers 11.25% per annum simple in1terest rate​

Answer 1

Answer:

SI = p×r×t÷100=

100×1×11.25

100. (100÷100= 0)

= 1× 1125

100. ( change decimal into fraction)

=₹11.25