A bank deposit amounts to ₹8750 at simple interest 5% p.a. for 15 years . Find the principal and the interest . If P is the principal , form an equation in P and solve it .
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Answer:
8750=5/15*5*x
8750*15/5÷5=p
8750*75/5=p
8750*15=p
131250=p answer
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