What sum Will amount to ₹4590 at 3% pa simple interest in 12 years.
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Answer:
Amount, A = Rs 4590
Interest, r = 12% p.a
Time, T = 3
recall the formula,
A = P(1+TR/100) 4590
= P[1+ (3 × 12)/100]
on solving
above equation
⇒ P = 4590 × (100/136)
= 3375
Step-by-step explanation:
3375 is required answer
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