Interest = 500
Step-by-step explanation:
Interest = [tex] \frac{p∗r∗t}{100} \\ [/tex]
p = principal amount , r = rate , t = time
Interest=[tex] \frac{10000 \times 5 \times 1}{100} \\ [/tex]
Interest = 500
Answer:
interest = RS. 500
Step-by-step explanation:
interest= 100/p*r*t
p∗r∗t
p = principal amount , r = rate , t = time
interest= 100/10000∗5∗1