what principal will amount to Rupees 15 680 at the time of 1 years 6 months at the rate of interest 8% per annum at the simple interest
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Answer:
14000 Rs.
Step-by-step explanation:
Simple Interest is = PTR/100
Time given here is 1 year and 6 months, when u convert it into years it will become 1.5 years.
SI = P*1.5*8/100
SI = .12P
Now Amount given =15680
Amount=Principal + SI
= P+.12P
= 1.12P= 15680
=> P= 14000
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