S.I &
c.I on a certain sum of money is 600 rs. & 610 rs. Respectively. Find the rate of interest if time is 2 years?
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Explanation:
1)The CI & SI of a certain sum at a certain rate of interest are Rs 480 & Rs 400 respectively. ... The total interest obtained in 2 years is Rs 4383 . Find ...
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Answer:
S.I for 2 years = 600
S.I for 1 year =300
=> principal amount = S.I²*T/C.i- S.
=> 300²*1 /10
=9000
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