on a certain sum the interest paid after 3 yrs is rs.450 at 5% rate of interest per annum.find the sum
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Answer:
rs. 3000
Step-by-step explanation:
P= ?
T= 3 years
R= 5% p.a.
SI= Rs. 450
SI= P*R*T/100
450= P*5*3/100
P= SI*100/ R*T
P= 450*100/5*3
P= 150*20
P= Rs. 3000
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