Question

find the principal if the simple interest is 9000 for 2 years at the rate of 12 percent per ann um​

Answer 1

Answer:

Rs.37,500

Step-by-step explanation:

SI=$\frac{PRT}{100}$

∴9000=P×12×2/100

∴P×24=9000×100

∴24P=900000

∴P=900000/24

∴P=Rs.37,500

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