Question

Surya borrowed some money from bank at 8% per annum simple interest . After 3 years, he paid an interest of ₹ 480. Find the principal amount borrowed by him .

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Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

Principal amount=₹2000

Explanation:

I=PTR/100

₹480=8×3P/100

480=24P/100

P=480×100/24

P=20×100=₹2000

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