The interest on 5,000 at the rate of 15% per annum for one month is ?� – InterviewSolution

1.	The interest on 5,000 at the rate of 15% per annum for one month is ?
Answer» 62.5Step-by-step EXPLANATION:S.I=PTR/100S.I=5000×1×15/12×100S.I=50×15/12S.I=50×1.25S.I=62.5

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