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If the rate of compound interest on a certain amount is 25% and the amount received after one year is Rs. x, then the principal amount is1). Rs. 0.83x2). Rs. 0.80x3). Rs. 0.25x4). Rs. 4x |
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Answer» Given that, rate of compound interest = 25% and amount of the FIRST installment is Rs.X We know that, COMPOUNDED amount, A = P[1 + r/100]n Here A = Amount, P = Principal, r = Rate P = x/[1 + 25/100]1 P = 0.8x |
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