what principal will earn an interst of rs.3500 in 5 yrs at 14 percent please answer with steps
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Answered by
0
Answer :
Rs : 49000
Step-by-step explanation:
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Answered by
1
Answer:
As SI =P*R*T/100
therefore P =SI*100/R*T
Interest=RS.3500
Time=5 yes
Rate =14 percent per annum
Principal=3500*100/14*5
=5000
Therefore the principal is RS.5000
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