what sum will amount to rs4235 in 6 years at 9percent p.a.?
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Answer:
A =4235
T =6 YEARS
R =9%
For P,
SI=PxRxT/100
=Px9x6/100
=0.54P
A=P+SI
4232-P+0.54P
4232=1.54 P
4232/1.54=P
THEREFORE, P=Rs. 2750
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