A man took a loan from a bank at the rate of 12 % p.a. simple interest. After three years he had to pay $ 5400 interest only for the period. Find the principal amount borrowed by him. Write your...


A man took a loan from a bank at the rate of 12 % p.a. simple interest. After three years he had to pay $ 5400 interest only for the<br>period. Find the principal amount borrowed by him. Write your answer in 5 significant figures with NO comma and space in<br>between characters. Do not write the monetary unit.<br>Answer :$ Blank 1.<br>Blank 1<br>Add your answer<br>

Extracted text: A man took a loan from a bank at the rate of 12 % p.a. simple interest. After three years he had to pay $ 5400 interest only for the period. Find the principal amount borrowed by him. Write your answer in 5 significant figures with NO comma and space in between characters. Do not write the monetary unit. Answer :$ Blank 1. Blank 1 Add your answer

Jun 09, 2022
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