a sum is invested at ci payable annually the interest in 2 successive year's was rs.225 and rs.236.25 find the rate of interest and principal
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Step-by-step explanation:
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Step-by-step explanation:
Interest on rs 225 for one years = 236.25-225 = 11.25
Rate of interest=100 x interest/Principal x Time =
100 x 11.25/225 x 1 = 5%
Interest on the original sum for one year = rs 225
original sum = 100 x intt/r x t = 100 x 225/ 5 x 1 = 4500
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