ICSE Class 7 Answered
find the simple interest on rupees 2525 for 3 years the rate of 1 Paisa per rupee per month
Asked by msitar158 | 09 Jan, 2023, 18:08: PM
Interest per month = 1 paisa
Interest per year = 12 x 1 = 12 paisa
Total amount = 1 rupee = 100 paisa
![Rate space of space interest space per space annum space equals space 12 over 100 cross times 100 equals 12 percent sign
straight S. straight I. equals fraction numerator straight P cross times straight N cross times straight R over denominator 100 end fraction equals fraction numerator 2525 cross times 3 cross times 12 over denominator 100 end fraction equals fraction numerator 101 cross times 3 cross times 12 over denominator 4 end fraction equals 101 cross times 3 cross times 3 equals Rs. space 909](https://images.topperlearning.com/topper/tinymce/cache/63f3739fed8a973157809bc0eab867d3.png)
Answered by Renu Varma | 10 Jan, 2023, 11:09: AM
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