The simple interest on a certain sum for 3 years
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- let the sum = principal =P
- time =T= 3 yrs
- rate of interest = R= 10%
- simple interest =I= 829.50
- I = PTR/100
- P = (100*I)/(TR)
- P =(100*829.50)/(3*10)
- =82950/30
- =Rs2765
Principal = P = Rs 2765.
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