1.

Which among the following is the simple interest for the principle of Rs 1,000 for one year at the rate of 10% interest per annum? (i) Rs 200 (ii) Rs 10 (iii) Rs 100 (iv) Rs 1,000

Answer»

(iii) Rs 100

Interest = \(\frac{pnr}{100}\)

\(\frac{1000\times1\times10}{100}\)

= Rs 100



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