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A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was: ?->(Show Answer!)
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1. A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:





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  • By: guest on 01 Jun 2017 05.48 pm
    Principal = Rs. 100 x 5400 = Rs. 15000. 12 x 3
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