on a certain sum the interest paid after 3 yrs is rs450 at 5% rate of interest per annum . find the si in 5 years
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Answer:
Step-by-step explanation:
Interest=450
Rate=5%
Time=3years
Principle=?
Principle=(Interest×100)/(Rate×Time)
=(450×100)/(5×3)
= 45000/15
=3000
therefore
sum paid after 3 years=3000+450=3450
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