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Rs. 10,000 is invested at 5% …

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

Posted by Gurleen Kaur 6 years, 6 months ago

CBSE > Class 07 > Mathematics

1 answers

Sia ? 6 years, 6 months ago

Principal = Rs. 10,000 Rate = 5% Time = 1 year
Simple Interest {tex} = \frac{{P \times R \times T}}{{100}} = \frac{{10000 \times 5 \times 1}}{{100}}{/tex}
S.I. = Rs 500
Rs. 500 is the interest at the end of the year.

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CBSE > Class 07 > Mathematics