tirtharisal
Answered

Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

find rate

a)the interest of Re.1 of 1 month is 1 paisa.

b)the interest of re.1 of 1 month is 2 paisa​

Sagot :

emmanuelariola123

Step-by-step explanation:

A.) Correct Answer: 12%

Given , Principle = ₹ 1 , Time = 1 month = ( 1 / 12 ) year and SI = 1 paisa = ₹ ( 1 / 100 )

As we know that ,

Rate =SI × 100Principal × Time

Rate =(1 ÷ 100) × 100= 12% p.a.1 × (1 ÷ 12)

B.) Correct Answer:

Answer:

See below ↓

Step-by-step explanation:

a) I = Prt

  • r = I/Pt
  • r = 0.01/1x(1/12)
  • r = 0.12
  • r = 12%

b)

  • r = I/Pt
  • r = 0.02/1x(1/12)
  • r = 0.24
  • r = 24%
Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.