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QUESTION
Q
A sum of money at simple interest amounts to Rs.1222 in 3 years and to Rs.1316 in 4 years than the sum is ?
Solution
SI for 1 year = SI for 4 years − SI for 3 years
= 1316 − 1222 = Rs.94
SI for 3 years = 3 × 94 =...
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Solution
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Keynote
Amount = Principal + Simple Interest
Simple Interest for 1 year is
= (Amount obtained for n years) − (Amount obtained...
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