Question

9) What principal will earn an interest of Rs 120 at 8% p.a in 5 years?​

Answer 1

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Answer 2

$\huge{\mathfrak{\underline{\underline{\underline{\pink{Answer}}}}}}$

$\bold{\underline{\underline{Given}}}$

• Simple interest = ₹120
• Time = 5 years
• Rate = 8% p.a.

$\bold{\underline{\underline{Formula}}}$

Principal = $\sf{\frac{S.I. × 100}{T×R}}$

$\bold{\underline{\underline{Answer}}}$

The principal = $\sf{\frac{120×100}{5×8}}$

₹19,200 will earn an interest of ₹120 at 8% p.a. in 5 years.

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