Guru borrowed a certain sum of money at the rate of 8% p.a for 3yrs if Guru got ₹600 as interest,find the sum borrowed by guru
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Answer:
₹2500
Step-by-step explanation:
Rate =8%
time=3yrs
interest =₹600 so,
I=p×r×t
100
600=8×3×p
100
p=600×100
8×3
p=2500
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