Question

a man took loan from a bank at the rate,R=8%P.A,Simple interest .After Time T+ $ yrshe had to pay simple interest, SI=Rs.6400 intrest for the period.The Formula for simple interest ,SI=(P*R*T)/100.Find the Principalamount P, borrowed?

Answer 1

Answer:

principal=80000

Step-by-step explanation:

principal=

$si \times 100 \div time \times rate$

that is= 6400*100/1*8

=80000

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