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4) A money lender lends Rs.1000 and charges an overall interest of Rs. 140. He recovers the loan and interest by 12 monthly instalments

4) A money lender lends Rs.1000 and charges an overall interest of Rs. 140. He recovers the loan and interest by 12 monthly instalments each less by 10 than the preceding. Find the amount of the first instalment? [Ans: Rs. 150]

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