Question
Simple interest received at the rate of 12% p.a. for 6 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for 6 years on the principal amount of Rs. ‘X’. Find the value of ‘X’.
More Simple and compound interest Questions
- A certain sum of money becomes Rs. 1250 in 1 year and 2500 in 3 years at certain rate of simple interest. Find the sum of money invested.
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