Question
The simple interest on a sum of money at 6% per annum
for 5 years is Rs. 1800. Find the principal.Solution
ATQ, SI = P × R × T / 100 1800 = P × 6 × 5 / 100 1800 = P × 30 / 100 1800 = 0.3P P = 1800 / 0.3 = 6000
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