Browse by Stream
QnA
Home
QnA
Go To Your Study Dashboard

Get Answers to all your Questions

header-bg qa
  • Home
  • NCERT
  • Rs 10,000 is invested at 5% interest rate p.a. Find the interest at the end of one year.

   Rs 10,000 is invested at 5% interest rate p.a. Find the interest at the end of one year.
 

Answers (1)

best_answer

Given that,
Principal = 10,000
Rate= 5% p.a
T = 1 year

Therefore, 
Interest = \frac{P\times R\times T}{100}
Substituting the values in the above formula, we get
= \frac{10,000\times 5\times 1}{100}
= Rs\ 500

Posted by

manish

View full answer

Similar Questions

Trending Articles/News

anam-khan

NVS Class 9, 11 Admission 2025: LEST registration last date extended again; apply by November 26
anam-khan

NVS Admission 2025: Registration deadline today for Class 9, 11 lateral entry selection test
anam-khan

NVS Admission 2025: Class 9, 11 lateral entry registration deadline extended till November 19

Latest Question