document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1124093>Question 1124093</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A money lender lends money collecting 5 paise for every rupee per month.find the rate of interest.\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #740475 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=740475\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 1 paise is equal to 1/100 rupees.\r<BR>\n" );
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document.write( "therefore 5 paise is equal to 5/100 rupees.\r<BR>\n" );
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document.write( "the interest charge per month is therefore 5/100 rupees for every rupee that is borrowed.\r<BR>\n" );
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document.write( "the interest rate per month is therefore (5/100) / 1 which is equal to 5/100 which is equal to .05 per month.\r<BR>\n" );
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document.write( "multiply that by 100 to get an interest rate of 5% per month.\r<BR>\n" );
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