Calculate the interest offered by a bank when the amount deposited is 1,00,00,000 and the rate of interest is 7.55 percent per annum in one year.

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Solution

interest will be the amout times the rate of intesest
ie,10000000*7.55/100=7550000
hope this helps
THANK YOU

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Calculate the interest offered by a bank when the amount deposited is 1,00,00,000 and the rate of interest is 7.55 percent per annum in one year.

interest will be the amout times the rate of intesest ie,10000000*7.55/100=7550000 hope this helps THANK YOU

interest will be the amout times the rate of intesest
ie,10000000*7.55/100=7550000
hope this helps
THANK YOU