Math, asked by hardik195, 2 months ago

Calculate the principal that will create $600 as simple interest over 3 years at the rate of 20% p.a.

Answers

Answered by bhaisaheb64

0

Answer:

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Answered by sharmeebiswas481

1

Answer:

$1000

Step-by-step explanation:

We know that,

I=(P×R×T)/100. [For Simple Interest]

=> $600=(P×20×3)/100

=> P=$1000

Hope it helps you

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