A sum of money amounts to Rs1200 in two years and Rs1500 in 5 years,then the simple interest on the sum for one year
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(1200-x)×100/x×2 = (1500-x)×100/x×5
(1200-x)×5 = (1500-x)×2
6000-5x = 3000-2x
3x = 3000
x = 1000
SI = npr/100
200 =(2×1000×r)/100
20000 = 2000×r
r = 10%
SI =(1×1000×10)/100
SI = 100
(1200-x)×5 = (1500-x)×2
6000-5x = 3000-2x
3x = 3000
x = 1000
SI = npr/100
200 =(2×1000×r)/100
20000 = 2000×r
r = 10%
SI =(1×1000×10)/100
SI = 100
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