If Rs. 2800 amount to be Rs. 3696 in 4 years at S.I., find what sum will amount to Rs. 6336 in 11 years at half the rate.
Explanation:
3696 – 2800 = 2800×R×4100
⇒ R = 8%
Now, 6336 – P = P×82×11100
⇒ P = 4400
Hence, option (a).
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