a certain sum of money amounts to 1260 in 2 yrs and 1350 in 5 yrs. find the sum and rate of interest
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Step-by-step explanation:
2yrs=1260;5yrs=1350
So,1yrs=30 extra then 2 yrs=60 extra
Principal =1260-60=1200
Rate=30×100/1200=2.5%
shalinidixit:
how you have said 1 yrs extra
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