if rate of interest is 2.5 p. c. p. a, no. of years 5, interest rate 2400 ,find its principal and amount
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I=p×r×t/100
2400=p×2.5×5/100
p=19200
A=19200+2400=21600
2400=p×2.5×5/100
p=19200
A=19200+2400=21600
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