QA – Placement Quizzes | Simple Interest | Question 15
A certain amount was lent at a rate R for 2 yrs at SI. If it been put at 3% higher rate, it would have fetched Rs 300 more. Find the amount?
Explanation: SI = P X R X 2/100………..(1)
SI+300 = PX(R+3) X 2/100…..(2)
Quiz of this Question
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