A sum of money yields Rs 1125 as simple interest in 2 years at 9% p.a. The sum of money is
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Answer:
Rs 6250
Step-by-step explanation:
we know,
S.I.=prt/100
r=9%
t=2 yrs
s.i.=1125
thus
s.i=prt/100
p=(s.i.*100)/rt
p=112500/18
= Rs 6250
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