1. Find the sum of money that amounts to Rs.5850 in six years at 5%per – InterviewSolution

1.

1. Find the sum of money that amounts to Rs.5850 in six years at 5%per annum.

Answer»

Step-by-step explanation:

simple INTEREST = P×T×R/100

Given P = RS.5850

T = 6 years

R = 5%

simple interest = 5850 × 6 × 5/100

= Rs. 1755

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