Question

1.Find the Principle and Amount where R.O.I is 8%, T=8yrs, I=120.
2.Find the CP when : SP=₹690, Loss=2 ½ %

Answer 1

Answer:

principle = interest ×100

rate×time

=120×100

8×8

=12000

16

=75

4

=18.75

amount =principle+interest

=18.75+120

=138.75

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