Find the interest and amount on rs 12000 for 1 month at the rate of 10 per annum

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(c) ₹ 100

From the question it is given that,

Principal= ₹ 12000

Time = 1 month = 1/12

Rate = 10%

Then, we know the formula of Simple interest I = (P × R × T)/100

I= (12000 × (10) × (1/12))/100

I = ₹ 100

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Find the interest and amount on rs 12000 for 1 month at the rate of 10 per annum

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Updated On: 27-06-2022

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Rs. 1200Rs. 600Rs. 100Rs. 12100

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Find the interest and amount on rs 12000 for 1 month at the rate of 10 per annum

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What is the interest on rupees 12000 for 1 month 10% per annum?

(a) Rs. 1200.

What will be the simple interest on Rs 12000 at 10% pa for 3years?

Now Compound interest = A - P ⇒ Compound interest = Rs. 15972 - Rs. 12000 = Rs. 3972.

What is the compound interest on 12000 rs at the rate of 10% for 2 years?

Hence, the compound interest is Rs. 2,520.

What is the compound interest on Rs 12 000 for 10 years at the rate of 12% per annum compounded annually?

37350. <br> Hence, Compound interest = Rs. (37350 - 12000) = Rs. 25350.