khajija khajija

02-12-2019
Mathematics

contestada

The simple interest on a sum of money for 2 years at 12% p.a is rupees 1380. Find the sum of
money.

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harshapuranik179 harshapuranik179

02-12-2019

Answer:

Simple interest = PRT/100

1380 = P x 12 x 2/100

138000 = 24P

Therefore P = 5750 Rs.

Hope this helps!

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