a certain sum of money amounts Rupees 15900 as simple rate of interest at 6% per annum in 5 years what is the value of principal sum
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i do know this question me too have the same doubt
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Answer: 12230
Step-by-step explanation:
Amount = Principle + S.I
15900 = X+PTR/100
15900 = X+X*6*5/100
15900 = X+30X/100
1590000 = 30X+100X
X = 1590000/130
X = 12230
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