simple insterest on a certain amount of money for 4 years at 8%p.a is more than simple interest on same amount for 5 1/2 years at 7% p.a by 585/- find the principal amount.
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Answer:
P=184
T=2
R=5
SI=PTR/100
= 184x2x5/100
=18.4
amount is 184+18.4
=202.4
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