1.

sum of money will yield a simple interest of Rs. 1155 in 3 years 6 months. Find principal.

Answer»

3 years 6 months=42 months1155=P*42*11/100*12so P=(1155*100*12)/(42*11)=3000

but the answer should come 3000 I am not getting the formula this answer even I have got but it's wrong

the rate is 11

what is duration? it is 3 years and 6 month??

yes



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