A sum of Rs6000 amounts to Rs6900 in 3 years.What will it amountto if the rate of interest is increased by 2%
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Answer:
S.I. for 2 years =(7500−6900)=Rs.600
S.I. for 3 years =Rs.(
2
600
×3)
=Rs.900
∴ Principal =Rs.(6900−900)
=Rs.6000
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