A Money Lender Finds That Dues To A Fall In The Annual Rate Of Intere – InterviewSolution

1.

A Money Lender Finds That Dues To A Fall In The Annual Rate Of Interest From 8% To 7x3/4%, His Yearly Income Diminishes By Rs.61.50. His Capital Is?

Answer»

LET the CAPITAL be RS. X.

Then, = (x × 8×1/100) - (x × 31/4×1/100)

= 61.50.

‹=›32x - 31X =6150×4

‹=›x= 24600.

Let the capital be Rs. x.

Then, = (x × 8×1/100) - (x × 31/4×1/100)

= 61.50.

‹=›32x - 31x =6150×4

‹=›x= 24600.

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