A certain sum of money amount to 6372 in 3 years at 6 percent per annum.Find the principal
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Let the sum be 100
interest =(100 ×3×6 )/100
18+100=118
WHEN THE AMOUNT IS 118 THE SUM IS 100
WHEN THE AMOUNT IS 6372 THE SUM IS 100/118×6372=900.
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