What sum will amount to Rs 13, 200 in 2 years at 10% per annum?
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Answer:
let the sum be X
S.I=p*r/100*t
=X*10/100*2
=X/5
amount=principal+s.i
=13200=X+X/5
=13200=(5x+X)/5
=13200=6x/5
=13200*5/6=X
=₹11,000=X
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