Q 1: The total money which is repaid to the lender at the end of agreed time is called ___ Rate Amount (Total Amount) Principal Interest

Q 2: Interest is ________ proportional to the principal, rate of interest and time period. inversely not directly

Q 3: The extra money that is repaid to the lender in addition to the money borrowed is called _____. Interest Principal Amount Extra

Q 4: A=P+_?_ L T R I

Q 5: Amount = Principal + _____ Interest Principal Rate Loss

Q 6: The interest per $100 per year is called ____. Amount Principal Profit Rate of Interest

Q 7: The agreement between lender and borrower about interest to be calculated is called _______. Rate of Interest Profit Interest Principal

Q 8: The amount of money one borrow for his needs (or) one lends to others is called _______. Rate Amount Interest Principal

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Question 10: This question is available to subscribers only!

