A certain sum of money increased to 1,960 in 5 years and to 2,408 in 9 years at a
certain rate of simple interest p.a. Find the sum of money invested.
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Answer:
Rs 1960 in5yrs
Rs2408 in 9 yrs
Int.for 4 yrs=2408-1960 = 448
Int.for 1yr =448/4=112
5yrs.int. = 56O
Sum of money invested
= 1960-560= Rs1460 Ans
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