Question
If the ratio of the sum invested and simple interest
received after 1 year is 20:11 respectively, then find the rate of interest.Solution
Let the sum invested and simple interest received be Rs.20x and Rs.11x respectively. Let the rate of investment be r% p.a. Therefore, {(20x x 1 x r)/100} = 11x => r = 55%
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Animal drawn MB plough is known as
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