markup=205 time period=1 year markup rate =8% find principal
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1
Answer:
Time = 3 years,
Interest = $ 600,
Rate = 4% p.a.
Principal = (100 × Interest)/(Rate × Time)
= (100 × 600)/(4 × 3)
= 60000/12
= 5000
Therefore, Principal (P) = $ 5000.
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Answer:
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Step-by-step explanation:
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