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The simple interest on a sum for 5 years at 7 percent per annum is Rs800 more than the simple interest on the same sum for 3 years at 9 percent per annum find the original sum of money?
Updated: 4/28/2022
Wiki User
∙ 13y agoBest Answer
S.I. = (P x R x T)/100
where R is rate, T is time, P is Original sum and S.I. is simple interest.
800x100 = P x R x T
P = 80000/(5x7) = 80000/35 = 2285.71
So, the original sum is Rs 2285.71
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∙ 13y agoThis answer is:
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