1.

The simple interest on Rs.10 for 4 months at the rate of 3 paise per rupee per month is

Answer»

Given Principal amount P = Rs. 10

 Time T = 4 months

 Rate of interest R = 3 ps

 Interest I = PTR/100 = (10 x 4 x 3)/100 = 12/10 = 1.2 paise.



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