Question

what sum of money lent out at 12 per cent p.a. simple intrest would produce rupee 9000 as intrest in 2 years?​

Answer 1

Step-by-step explanation:

simple interest would produce ₹ 9000 as interest in 2 years? Rate = 12% p.a. Principal = ? Hence, the required principal amount = ₹ 37500.

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