The sum of money that will produce ruppes 1770 as simple interest in7.50years as 8% at per anuum is what
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the formula for simple interest is (P x R x T)/100
SI = Rs: 1770 given
T=7.50 years
R=8% p.a.
Thus we have to find Sum of money=P
P=(I x 100)/R x T
P=177000/60
P=Rs: 60
SI = Rs: 1770 given
T=7.50 years
R=8% p.a.
Thus we have to find Sum of money=P
P=(I x 100)/R x T
P=177000/60
P=Rs: 60
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