simple interest on a certain sum for 5 years at 8% per annum is rupees 200 less than the simple interest on the same sum for 3 year and 4 months
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let us certain sum is X RS. then interest will be Xx5x8%=0.40X and the interest will be for the same sum in second situation is=Xx3x4x18-100×12-0.18X 0.18X=0.40X-200 after solving this equation we will get the answer 909.09rs
I hope helpful..
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