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What percent of 8₹ is 50 paise?
Given:
Given amount is 50 paise.
To do:
We have to find what fraction of Rs 8 is 50 paise.
Solution:
We know that,
1 rupee $=$ 100 paise
8 rupees $= 8 \times 100 = 800$ paise
Therefore,
$\frac{50}{800}=\frac{1}{16}$
50 paise is $\frac{1}{16}$ of ₹8.
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