What sum will amount to 7000 in 5 years at 31% simple inter-est

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Here , A = ₹ 7000 , T= 5 years , R =	10
	3

We find the required answer with the help of given formula ,

P =	A × 100
	100 + R × T

P =	7000 × 100 × 3	= ₹ 6000
	350

What sum will amount to 7000 in 5 years at 3	1	% simple inter- est ?
	3