Question

Rs 80000 is invested at 6 percent rate p.a . Find the interest at the end of one year​

Answer 1

Answer:interest at the end of one year​ =rs 4,800

Explanation:

Given

Amount= rs 80000

Rate = 6%

Time = 1 year

Using Interest = P x R x T

= 80000 X 6% X 1

=rs 4,800

or

Interest = P x R x T /100

= (80,000 x 6 x 1 )/100

48,000/100

=rs4,800