Kishn Lal borrowed a sum of money at 9% per annum. If he paid ₹594 as interest after three years, find the sum borrowed by him.
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Step-by-step explanation:
let principle be x
s.i=594
t=3yrs
r=9%
s.i=(p×t×r)/100
594=x×3×9×1/100
594=27x/100
x=594×100/27
x=2200
required principle =x =2200
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