NCERT Exemplar Solutions
Class 7 - Mathematics - Unit 7: Comparing Quantities - Multiple Choice QuestionsQuestion 16
Class 7 - Mathematics - Unit 7: Comparing Quantities - Multiple Choice Questions
Question. 16
Interest on ₹ 12000 for 1 month at the rate of 10 % per annum is
(a)
(a) ₹ 1200
(b)
(b) ₹ 600
(c)
(c) ₹ 100
(d)
(d) ₹ 12100
Detailed Answer with Explanation:
Time = \(\dfrac{1}{12}\) year. SI = \(\dfrac{12000 \times 10 \times 1}{100 \times 12} = 100\).