aman earns 1470 as interest after 3 years at 7% per annum how much did he invest?
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Genius
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Given,
Simple interest = 147 .
Time = 3 years
Rate of interest = 7% .
S. I = PTR / 100
147 = P(3)(7)/100
14700/21 = P
P = 700 rupees .
Therefore, The amount invested was 700 rupees.
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