1.

Find the simple interest on Rs. 50 for 6 months at the rate of 10 paise per rupee per month.1). Rs. 352). Rs. 403). Rs. 254). Rs. 30

Answer»

The interest rate is 10 paise PER RUPEE per month.

⇒ Total interest rate on Rs. 50 per month = 50 × 10 = 500 paise = Rs. 5(? Re. 1 = 100 paise)

SIMPLE interest on Rs. 50 for 6 MONTHS = 5 × 6 = Rs. 30

∴ Simple interest on Rs. 50 for 6 months at the rate of 10 paise per rupee per month = Rs. 30


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