what sum of money will amount to rupees 7540 in 2 years at 8% p.a. simple interest
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1
Answer:
₹6555.5
Step-by-step explanation:
Let the principal be p
prt=SI × 100+p
p×8×2=(7540-p)×100+p
16p-p=754000-100p
15p+100p=754000
p=754000÷115
p = ₹6555.5
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