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

1.

Rs. 10,000 is invested at 5% interest rate pa Find the interest at the end of one year

Answer»

10000 invested at interest of 5% p.aso R = 5 and P= 10000given at end of one year so T = 1

now I = PTR/100

so I = (10000×1×5)/100=> I = 500

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