A man invests some money at 10% interest for 1 year
1 answer:
Answer:
investment=£3000
Step-by-step explanation:
let ; principal amount (investment)=p ,
simple interest = p*t*r/100
£3300-p=p*1*10/100
(3300-p)100/10= p
33000-10p=p
33000=11p
33000/11 = p
£3000=p
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