Q30. What sum of money lent out at 12 per cent p.a. simple interest would
produce 9000 as interest in 2
years?
.
Answers
Answered by
1
Answer:
P=37500
Step-by-step explanation:
SI=PNR/100
9000=P*2*12/100
9000=0.24P
P=9000/0.24
P=37500
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