find the principal on which a simple interest of rupees 55 will be obtained after 9 months at the rate of 3 whole 2/3% p.a .
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Answer:
RS. 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
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