Kumar when has paid simple interest on a certain sum for 2 years at 10% per annum is rupees 750 find the sum
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Answer:
I=PTR/100
750=P×2×10/100
750=P×2×1/10
750=P×1/5
P=750×5
p=3750
The sum means Amount = principal + interest
A=3750+750
A=4500
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