Find the principal on which a simple interest of 55 will be obtained after 9 months at the rate of 3 2/3%
per annum.
Answers
Answered by
2
Answer:
2000
Step-by-step explanation:
Let, principal = P
Given, SI = 55, Time t = 9 months =912yr
Rate r = 323%= 113%
SI = P×r×t100
=> P = 100×SIR×T
=> 55×10011×9×3×12=2000
Principal (P) = RS. 2000
hope it helps you
Answered by
1
Answer:
Rs.666.66 if rate of interest is 3 2/3%i.e 11/3%
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