Question

Can anybody answer me?
On a certain sum the interest paid after 3 years is Rs.450 at 5% rate of interest per annum. Find the sum

Answer 1

time=3 years
interest=450
rate%=5%

As we know that
Principal=SI*100/Rate*time
450*100/5*3
on solving u get 3000
so, principal=rs 3000
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