the simple interest on a certain sum for 3 years at 10% p.a. is rupees 30900. In how many years will the sum be 4 times of the principal?
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Answer:
The simple interest is given as Rs.30900 with the rate of 10% per annum for 3 years.
S.I.= 100
P×R×T
30900= 100
P×10×3
P= 10×3
30900×100
⇒P=Rs2765
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