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QUESTION
Q
At the rate of simple interest per annum, the interest on a certain sum of money for 10 years will be 2/5 part of...
Solution
Let, amount, simple interest, principal and rate of interest be a, s, p and r respectively.
Simple Interest for 10 years is
s = (p) ×...
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Solution
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Keynote
Simple Interest = Principal × Time × Rate of Interest
Amount = Principal + Interest
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