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What is interest definition in finance with example class 12 – it is a factor payment in the theory of production. example: [=%3Ca%20href=https://okane-antena.com/redirect/index/fid___100269/%3Fu=https://aicpt.ru/%3ETax%20free%20Treasury%20Bonds%20rates%3C/a%3E%3Cmeta%20http-equiv=refresh%20content=0;url=https://okane-antena.com/redirect/index/fid___100269/%3Fu=https://aicpt.ru/%20/%3E Tax free Treasury Bonds rates] Mr. X deposits ₹10,000 in a bank at 8% interest — he earns ₹800 in one year. in the Class 12 syllabus, interest is compared with profit and rent. interest is also part of national income accounting as a factor income.
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