What sum will amount to Rs. 2480 in 4 years at 6% p.a. simple interest
Answers
Answered by
3
Answer:
₹2000
Step-by-step explanation:
2480 = P + (6 * 4 * P / 100)
= P + 6P/25
= 31P/25
P = 2480 x 25/31 = 2000
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