1.What sum of money deposited in a bank account for 3 years at 8% per – InterviewSolution

1.	1.What sum of money deposited in a bank account for 3 years at 8% per year will earn a simple interest of Rs. 540?
Answer» :- Given - T = 3 years R = 8% SI = Rs. 540To Find - PRINCIPAL, P Solution - We KNOW that, Substituting the values - ➩ ➩ ➩ ➩ Sum = Rs. 2250

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