what is the principal that will fetch ₹1280 as interest at 12%per annum for 8 months
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SI= 1280 rs
Rate= 12℅
Time =8 Months
SI = P*R*T/100
P*12*8/12/100= 1280
P*12*3/4/100= 1280
P*9/100= 1280
P*9= 1280*100
9P = 128000
P = 14222.3 rs
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here it is
hope it helps
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