what sum of money lent out at simple interest will become rupees 3700 in 4 years at 12% per annum
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Answer:
2,500
Step-by-step explanation:
SI = P x R x T
(P x 1 x 48) / 100
48P / 100
A = P + SI
3700 = 148P / 100
P = (3,700 x 100) / 148
P = RS. 2,500
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