Find the sum of money that amounts to ₹5850 in six years at 5% per annum
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Let the principal be x
A=p(1+rt/100)
=5850=x(1+30/100)
=5850=130x/100
=130x=5850×100
X=585000/130
=4500 is the sum of money
asickmallick2005:
Hope .this has clear your doubts
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