How much should a person lend at simple rate of interest of 15% in order to have Rs. 784 at the end of 3/2 years? (a) Rs. 640. (b) Rs. 620. (c) Rs. 610.
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x+x*15/100 *3/2=784
49x/40=784
784*40/49
640
The answer is Rs 640.
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