Find the principal when , Amount rs.540 , time 4years and rate of interest 5% per annum
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Answer:
450
Step-by-step explanation:
Amount = rs.540
time = 4years
rate of interest = 5% per annum
A= p(1+tr/ 100)
540 = p(1+(4 X 5)/100)
540 = p(1+ 1/5)
540 = p(6/5)
p= 540 X 5/6
p = 450
principal = rs 450/-
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