Math, asked by nutangalwar56, 1 month ago

What will be the simple interest of year on Rs. 500 at the rate of 1% monthly (in Rs.)

Answers

Answered by Lucky1287

2

Answer:

Simple interest = PRT/ 100

Given rate = 1%

Time = 12 moths

Principal amount = 500

Solution - Attaching you a screenshot

Hope this helps

principal interest = rs 60

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