principal =?, Rate of interest per annual =12percent, Time period =5/2 years , SI rupees 1200 , Amount =?
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Answer:
Simple Interest (SI) = Rs.1200
Rate (R) = 12%
Time (T) = 5/2 years
SI = PRT/100
=> 1200 = P×12×5/2×1/100
=> 1200 = P×3/10
=> P = Rs.4000
Amount = P+SI = Rs.(4000+1200) = Rs.5200
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