what principal amount to rupees 880 in 6 years at 10%simple interest
Answers
Answered by
5
Answer:550
Calculation:
First, converting R percent to r a decimal
r = R/100 = 10%/100 = 0.1 per year.
Solving our equation:
P = 880 / ( 1 + (0.1 × 6)) = 550
P = 550
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Step-by-step explanation:
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