Dhruvika invested money for a period from May 2006 to April 2008 at rate of 12% per annum. If interest received by her is Rs 1620, find the money invested.
Given, I = 1620 and R = 12%
Time = from May 2006 to April 2008 = 2 year
∵ I = ![]()
⇒ P = ![]()
= ![]()
= 6750
Couldn't generate an explanation.
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