the simple intrest on a sum at 4%. per annum in 5years is 256. find the sum.
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Step-by-step explanation:
Rate of interest = 4%
Time = 5 years
Simple interest = ₹256
Principal = ?
Principal = (interest × 100) / (rate × time)
= principal = (256 × 100) / (4 × 5)
= principal = ₹1280
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