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The simple interest on a sum of money at 8% per annum for 6 years is half the sum. The sum is :

The simple interest on a sum of money at 8% per annum for 6 years is half the sum. The sum is : Correct Answer Data inadequate

Let, principal amount be x So interest would be x2I = Pnr⇒x2 = x ×n×r⇒12 = n×r = .05×6 = .48 So, data inadequate

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