A man took a loan at rate of 12% per annum simple interest. After 3 years he had to pay 5400 interest. The principal amount borrowed by him was
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4
Answer:
Rs.15000
Step-by-step explanation:
Total interest in 3 years will be 12×3=36%
36% ——— 5400
100% = 5400×100/36 = 15000
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Answered by
1
Step-by-step explanation:
The principle amount is 15000
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