The difference between C.I and S.I on a sum of money deposited for 2 years at 5 per cent per annum was rs 12. Find the sum of money
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1
Answer:
47.5
Step-by-step explanation:
CI - SI = 12
P ( 20 + 1/20)^2 - P×5×2/100 =12
441P/ 400 - P/10= 12
101P = 4800
P = 47.5
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