Question

What principal will amount to 9000 rupee in 5 years at 10% simple interest

Answer 1

I hope this will be write.. ..

Answer 2

Dear Student,

◆ Answer -

Principal = ₹ 6000

● Explanation -

Let P be sum of money invested.

Total due to simple interest is cakcul1by -

Total = P (100 + r×t)/100

9000 = P (100 + 10×5) / 100

9000 = P (100 + 50) / 100

9000 = P × 150/100

P = 9000 × 100/150

P = ₹ 6000

Hence, the principal must be ₹ 6000.

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