1)
2) What is the principal, if the interest is Rs.35 for one year at 7 p.c.p.a.?
(2)
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Answer:
Interest = P×N×R /100
35 = P × 1 × 7 / 100
35×100/7 = P
5 × 100 = P
500 = P
Principle = 500
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