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Given Data: Principal = 4x+200 Interest earned = Rs. 2160 Rate = 18% per annum Time = 4 years Calculate 'x' by Using the simple interest formula: Simplify to find x=700. New Principal: Substitute x=700 into 5x−100: 5(700)−100=3400 Calculate New Interest: Use the simple interest formula again
The interest earned on Rs. 3400 is Rs. 2448.
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