14. What principal will amount to 900 in 6 years at 10% simple interest?
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Answer:
Amount=900 RS. Rate=10%. Time=6years.
Let the interest be= I. and principal be P Rs
Step-by-step explanation:
I PRT/100=I =
I (10)/100 (6)= 6p/10=3p/5
Amount P+I
900=p+3p/5=8p/5=
900=8p/5
P=900×5/8
=562.50.
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