What sum of money invested at 7.5 p.a simple interest for 2 years produces twice as much interest as rs 9600 in 3 years 6 months at 10%pa simple interest
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Step-by-step explanation:
▪️1st case given
▪️P=9600
▪️R =10%
▪️T =3 years or7/2,years
▪️Soln
▪️SI = PXRXT/100
▪️PUTTING THE GIVEN VALUES
▪️SI =9600X7/2X10/100
▪️=96X35=RS3360/-
▪️NOW A/Q
▪️NEW SI is 2 x 3360
▪️=6720/-
▪️Again for new SI
▪️6720,=,PXRXT/100
▪️6720=PX75/10X100X2
▪️6720X100/15=P
▪️THEREFOR P=44800/- IS THE REQUIRED ANS.
Hopes it help you❤️❤️
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