Math, asked by Lion134, 2 months ago

A man deposited a sum of money in a bank at the rate of 6 % per annum for 4years. If he received an interest of Rs 1,440, how much money did he deposit in the bank?

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Answers

Answered by jainshrishti97

1

Answer:

calculate principal

principal = Interest × 100 / rate × time

= 1440 × 100 / 6 × 4 = 600

principal = ₹600

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