a certain sum of money lent out 9%p.a produces the same simple interest in 4yrs as rupees 7500 lent out at 5% in 6yrs . find the sum
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Answer:
6250
Step-by-step explanation:
let, sum = x
(x * 9 * 4 ) /100 = ( 7500 * 5 * 6) /100
36x = 7500 * 5 * 6
x = 6250
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