on what sum will the interest for3½ years at 6% be 48.30?
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Answer:
Here is your answer
Let the principal is p
T=3.5years
R=6%
SI=48.30
Step-by-step explanation:
As we know the formula
SI=PRT/100
48.30= P×3.5×6÷100
P=48.30×100÷6×3.5
P=230
Therefore,Principle is 230
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