Math, asked by sivansitripathi, 2 months ago

John takes a loan from an investor at the rate of 12% per annum simple interest. After three years, he pays an interest of 10,800. Find the principal amount borrowed by him.

Answers

Answered by azrachaudhary2020

1

10800÷ 3

3600 is the interest for one year

3600×100÷12

30000 is the principal amount

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