Question

sum the intrest paid after 3 years is Rs 1728 at 8% p.a. Find the sum
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Answer 1

Answer:

Simple interest =1728 Rs

Time =3years

Rate=8%

sum =?

We know that,

SI =P*R*T /100

therefore,

P= SI *100/R*T

P=1728*100/3*8

P=172800/24

P=7200 RS (ans)