Question

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The simple interest on a certain sum at 5% per annum in 3 years is 600. Find the sum.
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Answer 1

Answer:

4000 rs

Step-by-step explanation:

See Simple interest is given, just put the formulas

Principal or Sum = 100 x Simple Interest/Rate x Time

= 100 x 600 / 5 x 3

= 60000/15

= 4000

Hence principal = rs 4000