what sum will amount to ₹6600 in 2year at 10% per annum simple interest S.I.? I found the answer can anyone explain this one here, they asked what is the principal amount i will give the formula
S.I.=A-P
P=S.I. *100/R*T
THANK YOU!
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Given Principal = 6600, Time n = 2 years, r = 10%.
We know that:
SI = (PRT)/100
= 6600 * 2 * 10/100
= 66 * 2 * 10
= 1320.
We know that SI = A - P
= > 1320 = A - 6600
= > 1320 + 6600 = A
= > 7920 = A.
Therefore, the amount = 7920.
Hope this helps!
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