Question
Aman invested Rs. x at a simple interest rate of 15% per
annum. If after 6 years, the total interest earned was Rs. ‘2x – 1800’, then find the value of x.Solution
ATQ,
0.15 × 6 × x = 2x – 1800
⇒ 0.9x = 2x – 1800
⇒ –1.1x = –1800
⇒ x = 1800 ÷ 1.1 = 1636.36
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