A sum amounts to ₹14,395.20 at 9.25% p.a. simple interest in 5.4 years. What will be the simple interest on
the same sum at 8.6% p.a. in 4.5 years?
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Answer:
let us assume that the number of coins of 1 rupee are x
therefore coins of 50 paisa are 3x
amount of 1 rupee coin = 1×x=100x paisa
amount of 50 paisa coins=50×3x=150 paisa
100x+150x=4500
250x=4500
x=18
hope it helps you
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