What principal will amount to 900 in 6 years at 10% simple
interest?
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Answer:540
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Answer:
Time = 6 years
Rate = 10%
Amount = 900 rupees
let the principal be rupees x
SI = PRT/100
SI = X×10×6/100
SI = 3X/5
PRINCIPAL + SI = AMOUNT
x+3x/5 = 900
5x+3x/5 = 900
8x/5 = 900
8x = 900 × 5
x = 900 × 5/8
x = 1125/2
x = 562.5 rupees
hope it helps....
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