which sum at 10% rate of interest will amount to 1800 rupees is 8 year?
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Answer:
Let x be the principal
Here,
A=1800,T=8 yrs,R=10%
A=P(1+RT/100)
1800=x(1+10*8/100)
1800=x(5+4/5)
1800=9/5x
x=1800*5/9
P=1000
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