Ankit borrowed a certain amount of money from his friend.at the end of 5 years at the interest of 10%he returned 75000 to his friend .find the sum of money he borrowed from his friend
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Answer:
GIVEN:
PRINCIPAL = 75,000
RATE = 10%
TIME = 3 years
SIMPLE INTEREST=
= 75,00*10*3/100
= 2250
AMOUNT= PRINCIPLE + S I
= 75000+2250
= 77250
Step-by-step explanation:
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