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A certain sum of money amounts to Rs 159...

A certain sum of money amounts to Rs 15900 at simple rate of interest at 6% p.a in 1 years . What is the value of principal sum ?

A

12000

B

18000

C

15000

D

14000

Text Solution

Verified by Experts

Best way is to go through option `(15000xx6xx1)/100=900` So, the total amount = 15900, hence (c) is correct.
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