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Department of Commerce is the Nodal Governmental Agency dealing with import and export including agriculture sector in the country and is responsible for developing and formulating Trade Policy and programmes.
A sum was put at simple interest at a certain rate for 2 years. If it had been put at 4% higher rate, it would have fetched ₹480 more. Find the sum
If the ratio of the sum invested and simple interest received after 1 year is 20:13 respectively, then find the rate of interest.
The simple interest at k% for k year will be Rs. k on a certain sum. Find the principal amount.