Q.At an annual simple interest rate of \(X\%\), the interest on \(Y\) taka for \(Z\) months will be. (a) \(\cfrac{XYZ}{1200}\) rupees (b) \(\cfrac{XYZ}{100}\) rupees (c) \(\cfrac{XYZ}{200}\) rupees (d) 0\(\cfrac{XYZ}{120}\)rupees
Answer: A
Principal \((p) = Y\) taka Time \((t) = \frac{Z}{12}\) years Rate of interest \((r) = X\%\) ∴ Interest \((I) = \frac{ptr}{100}\) \[ = \frac{Y \times \frac{Z}{12} \times X}{100} \text{ taka} = \frac{XYZ}{1200} \text{ taka} \]
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