Question
Mr. Ghanshyam deposited certain amount in the Bank at
the end of each year. How much amount did he deposit at the end of each year at the rate of 15% simple Interest, so that he will get Rs. 980 at the end of 4th year?Solution
Total Interest = 45 + 30 + 15 + 0 = 90 Total Amount = 400 + 90 = 490 units 490 units = 980 1 unit = 2 100 units = 200 
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