The difference between the simple interest and the true discount on a certain sum of money foe 6 months at 6% is Rs. 27. Find the sum ?
Req. amount = [27 x (100 + 6 x 1/2) x 100] / [(6 x 1/2)2]
= (2700 x 103) / 9
= Rs. 30900
The difference between the simple interest and the true discount on a certain sum of money foe 6 months at 6% is Rs. 27. Find the sum ?
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