what principle will amount to Rs6400 in one and half year at 5 % simple interest
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Let Principal be Rs x.
Rate = 5 % per annum
Time = 3/2 years
Amount = Rs 6400
We know, that
★ Formula to find Simple Interest
where,
- P denotes Principal
- R denotes Rate
- T denotes Time
Thus,
Now,
We know,
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