Srinesh took a loan from
La band at the rate at
12 %opas, simple interest. he had to pay ₹5400 interest . after a period of 3 years .
What was the principal amount
that he borred?
Answers
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1
Step-by-step explanation:
simple interest -principle x time x rate
100
simple interest = 5400x3x12
100
therefore simple interest = 1944
amount=principle + simple intrest
5400+ 1944
= 7344
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