Find the principal when SI=rs60,time=73days,rate p.a.=4%
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Answer:
SI=Rs 60
t=73 days=73/365
r=4%
SI=p*r*t/100
60=(p*4*73)/(365*100)
60=292p/36500
60=0.8p/100
p=60*100/0.8
p=Rs 7500
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