On a certain sum the interest paid after 3 years is 450 at 5% rate of interest per annum
.. Find the sum
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Answer:
Interest=450
Interest=450Rate=5%
Interest=450Rate=5%Time=3years
Interest=450Rate=5%Time=3yearsPrinciple=?
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)=(450×100)/(5×3)
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)=(450×100)/(5×3)=
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)=(450×100)/(5×3)= 15
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)=(450×100)/(5×3)= 1545000
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)=(450×100)/(5×3)= 1545000
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)=(450×100)/(5×3)= 1545000
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)=(450×100)/(5×3)= 1545000 =3000
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)=(450×100)/(5×3)= 1545000 =3000therefore
Interest=450Rate=5%Time=3yearsPrinciple=?Principle=(Interest×100)/(Rate×Time)=(450×100)/(5×3)= 1545000 =3000thereforesum paid after 3 years=3000+450=3450
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