Ritu borrowed some money at 12% per annum. She had to pay 180 as interest after 3 years. What sum
did she borrow? explain with word promblem
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Answer:
P= S.I×100÷Rate×Time
=P=180×100÷12×3
=500
Check, S.I=P×R×T÷100
=500×12×3÷100
=Rs.180
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