Mr Mehta borrowed a sum of money at 8percent per annum. If he paid rs 640as interest after 15/3years (5years 4months) find the sum of borrowed by him
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Answer:
let principal be x
5 yrs 4 months = 5¹- yrs
³
640=x × 8 × 5 × 1
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100 × 3
640= 2x
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15
640 × 15 = x
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2
4800= x
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