HESE1.10,000 is invested at 5% interest rate pa. Find the interest at – InterviewSolution

1.

HESE1.10,000 is invested at 5% interest rate pa. Find the interest at the end of oneyear.2. 3,500 is given at 7% pa. rate of interest. Find the interest which will be receivedat the end of two years.

Answer»

1. interest = 10000*5*1/100

= 500 rupees

2. interest = 3500*7*2/100

= 490 rupees

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