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Dhruvika invested money for a period from May 2006 to April 2008 at the rate of 12% per annum. If interest received by her is Rs 1620,

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Dhruvika invested money for a period from May 2006 to April 2008 at the rate of 12% per annum. If interest received by her is Rs 1620, then find the money invested.

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Given, I = ₹1620 and R = 12%

Time = From May 2006 to April 2008 = 2 yr

Hence, the invested money is ₹6750.

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