Question

interest = 4800 R=4% time 5 year P = ?
please help me ​

Answer 1

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As we know,

S.I=P×R×T

we have,

S.I=4800

R=4%

time=5 years

S.I=PRT

4800=P×4×5÷100

4800×100 ÷ 4×5 =P

P= 480000 ÷ 20

P= Rs.24,000

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