1. what sum will amount to rs 6400 at 14percent P.a simple interest in 4years
2. what sum of money will amount to rs 2832 at 9whole1/2 percent p.a in 5 years
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Answer:
P=Rs 6400,R=6%p.a,T=2 years
∴SI=
100
PRT
=
100
6400×6×2
=Rs768
∴ Amount=P+SI=Rs 7168
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