Question
Rs. x is invested at simple interest at 8% per annum for 3 years. If instead Rs. (x + 500) is invested at the same rate for the same period, the total interest received from both deposits is Rs. 1320. Find the value of
Rs. x is invested at simple interest at 8% per annum for 3 years. If instead Rs. (x + 500) is invested at the same rate for the same period, the total interest received from both deposits is Rs. 1320. Find the value of
x.
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