Q 1: The amount of money one borrow for his needs (or) one lends to others is called _______. Amount Interest Principal Rate

Q 2: The extra money that is repaid to the lender in addition to the money borrowed is called _____. Amount Principal Extra Interest

Q 3: The total money which is repaid to the lender at the end of agreed time is called ___ Rate Amount (Total Amount) Interest Principal

Q 4: Amount = Principal + _____ Interest Principal Loss Rate

Q 5: A=P+_?_ R I L T

Q 6: The agreement between lender and borrower about interest to be calculated is called _______. Rate of Interest Profit Principal Interest

Q 7: The interest per $100 per year is called ____. Profit Rate of Interest Principal Amount

Q 8: Interest is ________ proportional to the principal, rate of interest and time period. not inversely directly

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Question 10: This question is available to subscribers only!

