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The interest on a certain sum of money is Rs 1.480 in two years and at 10%per yearFind the sum of money? |
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Answer» <P>Step-by-step explanation: Let P = RS. x Time (T) = 2 years ∴ Interest = (P × T × R)/100 = (x × 10 × 2)/100 = x/5 x/5 = Rs. 1480 (Given) ∴ x = 1480 × 5 = Rs. 7400 Hence the money Rs. 7400 |
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