The annual profit is 1%, that is, the annual income of 1 1000 yuan is1000 yuan;

The monthly profit is 1%, which means 0. 1%, and the monthly income of 1 ten thousand yuan is 10 yuan;

The daily profit is 1% and 0.0 1%, and the daily income of ten thousand loans is 1 yuan.

Extended data:

Matters needing attention in loan interest calculation:

The unit "Li" is often used in private lending, which means several thousandths. For example, 3% interest is 0.3%, and interest is calculated by time. Before calculating, it is necessary to distinguish whether it is daily, monthly or yearly.

The score is 10 times that of Li.

References:

Baidu encyclopedia-Li