2. A sum amount to 2400 at
6% per annum on simple interest per annum after 1.5 years.Find the sum
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Step-by-step explanation:
Amount = ₹ 2400
Rate = 6%
Time = 1.5 years
We know
SI = PRT / 100
2400 = P × 6 × 1.5 / 100
P = 2400 × 100 / 6 × 1.5
= 240000 / 9
= 26666.66
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