a sum amounts to ₹2,652 in 6 years at 5% p.a. Find the sum
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Let the principle be x
Then interest =PRT/100=x*5*6/100=30x/100
Amount = principle + interest
2652=x+30x/100
2652=(100x+30x)/100
130x=265200
x=265200/130=2040
Therefore the sum is Rs. 2040
Then interest =PRT/100=x*5*6/100=30x/100
Amount = principle + interest
2652=x+30x/100
2652=(100x+30x)/100
130x=265200
x=265200/130=2040
Therefore the sum is Rs. 2040
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