a sum of money amounts to rs 4800 in 4 years at 5 percent rate of simple interest calculates the sum
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Answer:
4000
Step-by-step explanation:
Let sum be x
Then SI =P×R×T/100
=x×4×5/100
=x/5
Amount = Sum + SI
= x/5 +x
= 6x/5
A/Q 6x/5=4800
x= 4000
Therefore sum is 4000
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