Question

if the simple interest on sum of money lent at 6.5% p.a. for 1 year and 11 months is ₹897 find the sum money.​

Answer 1

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$i = \frac{pnr}{100}$

$897 = \frac{p \times (1 + \frac{11}{12})6.5 }{100}$

$p = rs.7200$

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Answer 2

Answer:

7200

is the right answer