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What sum of money lent out at 9% for 3 years
will produce 810 as simple interest ?
(A) ₹ 9,000
(B) 70,000
(C) 8,000
(D) 90,000 300
from 2 bank If the
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I = Rs 810
R = 9%
T = 3yrs
P = 100×I / R×T
= 100×810/9×3
= 81000/27
P = Rs 3000
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