write a short paragraph on shed hybrid academy school (word limit 200)
Answers
Answered by
0
Answer:
Find out the capital required to earn a monthly interest of Rs. 210 at 7% simple interest.
Interest is 210 rs monthly so annual interest = 210* 12 = 2520 rs.
Simple interest = Principal amount * Period * Rate / 100.
2520 is interest for 1 year.
Period = 1 year ; Rate = 7 % ; Interest = 2520 rs.
2520 = P * 1 * 7 / 100.
Find out the capital required to earn a monthly interest of Rs. 210 at 7% simple interest.
Interest is 210 rs monthly so annual interest = 210* 12 = 2520 rs.
Simple interest = Principal amount * Period * Rate / 100.
2520 is interest for 1 year.
Period = 1 year ; Rate = 7 % ; Interest = 2520 rs.
2520 = P * 1 * 7 / 100.
Similar questions