If Rs.450 amount Rs.540 in four years at simple interest find the amount produce by a sum of Rs.1000 in 5 year at the same rate of interest.
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Answer:
450×540×4/100 = 9720 + 1000 = 10720
10720 = x × 540 × 5 /100 = 107200/270 = 397.03
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