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Sahil took a loan for 6 years at the rate of 5% per annum on Simple Interest, If the total interest paid was \$1230, Find the principal.
in Grade 11 Maths by Diamond (50,545 points) | 100 views

1 Answer

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0.05 x P x 6 = 1 230

P= 1 230/0.3

P = $4 100 principal amount
by Diamond (39,535 points)

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