Question

What sum of money lent out at 12 per cent p.a. simple interest would produce ₹ 9000 as interest

in 2 years?​

Answer 1

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ANSWER

I= Rs. 810, R = 9%, T = 6 years

P=

R×T

100×I

=

9×6

100×810

=Rs.1,500

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Answer 2

$ANSWER</p><p></p><p>I= Rs. 810, R = 9%, T = 6 years</p><p></p><p>$ANSWER

I= Rs. 810, R = 9%, T = 6 years