Challenge for genius and maths arryabhatt
What sum will amount to Rs 4590 at 12% per annum simple interest in 3 years?
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Solution
Let the required sum be RS 100
Amount = Rs (100+36) = RS 136
If amount is Rs 136, then sum= RS 100.
Hence, the required sum is Rs 3375.
Alternative Method
Let the required sum be x.
But, amount= Rs 4590 (given).
Hence, the required sum is Rs 3375.
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