find the principal when the S.I. is ₹62.40 at 8 % p.a. for the period 15th January to 22nd August,2001.
If correct I will mark as brainliest else I will report the answer .
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S.I.=
100
P×R×t
Given:-
S.I.=Rs.192
R=6%
t=4 years
P=?
Therefore,
192=
100
P×6×4
⇒P=
24
19200
=Rs.800
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