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Let the sum of money be Rs ySo Amount = y +[( y x 5 x 4 )/100] But Amount = Rs 900⇒ 900 = y +(20y)/100⇒ 900 = 6y / 5 ⇒ y = ( 900 x 5) /6 = Rs 750
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What sum of money will amount to 900 rupees in 4 years at 5%?
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