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If the difference between SI and CI a certain amount at the rates 10%(for SI) and 15%(for CI) for 2 years is Rs.980.Find the principal amount. 
  • a)
    Rs.8000 
  • b)
    Rs.7500
  • c)
    Rs.9500
  • d)
    Rs.8500
  • e)
    None of these
Correct answer is option 'A'. Can you explain this answer?
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If the difference between SI and CI a certain amount at the rates 10%(...
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If the difference between SI and CI a certain amount at the rates 10%(...
CI -SI =980
P((115/100)�(115/100) -1) - P�10�2/100=980
P�129/400 - 20P/100 =980
49P/400=980
P=8000.
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If the difference between SI and CI a certain amount at the rates 10%(...
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If the difference between SI and CI a certain amount at the rates 10%(for SI) and 15%(for CI) for 2 years is Rs.980.Find the principal amount.a)Rs.8000b)Rs.7500c)Rs.9500d)Rs.8500e)None of theseCorrect answer is option 'A'. Can you explain this answer?
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If the difference between SI and CI a certain amount at the rates 10%(for SI) and 15%(for CI) for 2 years is Rs.980.Find the principal amount.a)Rs.8000b)Rs.7500c)Rs.9500d)Rs.8500e)None of theseCorrect answer is option 'A'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about If the difference between SI and CI a certain amount at the rates 10%(for SI) and 15%(for CI) for 2 years is Rs.980.Find the principal amount.a)Rs.8000b)Rs.7500c)Rs.9500d)Rs.8500e)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the difference between SI and CI a certain amount at the rates 10%(for SI) and 15%(for CI) for 2 years is Rs.980.Find the principal amount.a)Rs.8000b)Rs.7500c)Rs.9500d)Rs.8500e)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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