Question:
Nasreen lent out a certain sum of money at 6% per annum Simple Interest. If the interest in 20 years exceeds the original sum by Rs. 40, find the sum using linear equations in one variable.
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Answer:
Principal = Tk. 200
Step-by-step explanation:
Let Principal be Tk. x
Interest = x+40
ATQ,
x+40 = (x×6×20)/100
=> x = 200 [Ans]
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