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Discussion

Simple interest at x% for x years will come out to be Rs x on a sum of Rs?

  • A.x
  • B.100/x
  • C.100/x2
  • D.100x

Answer: B

Formula for Simple Interest:

SI = Principal*Rate*Time

SI= x

Rate= x/100

Time= x

=> x= Principal*(x/100)*x

=>Principal Amount= 100/x

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