Question 47

In questions 24 to 59, fill in the blanks to make the statements true.
Interest on Rs. 3000 at 10 % per annum for a period of 3 yr is ___ .

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Solution

Given, $P = R s . 3000, R = 10 % a n d T = 3 y r$
We know that, $I = \frac{P \times R \times T}{100} = \frac{3000 \times 10 \times 3}{100} = R s . 900$
Hence, Interest is Rs. 900.

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Interest

Standard VII Mathematics

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Question 47 In questions 24 to 59, fill in the blanks to make the statements true. Interest on Rs. 3000 at 10 % per annum for a period of 3 yr is ___ .

Given, P=Rs.3000, R=10% and T=3 yr We know that, I=P×R×T100=3000×10×3100=Rs.900 Hence, Interest is Rs. 900.

Question 47

In questions 24 to 59, fill in the blanks to make the statements true.
Interest on Rs. 3000 at 10 % per annum for a period of 3 yr is ___ .

Given, $P = R s . 3000, R = 10 % a n d T = 3 y r$
We know that, $I = \frac{P \times R \times T}{100} = \frac{3000 \times 10 \times 3}{100} = R s . 900$
Hence, Interest is Rs. 900.