In How much Year? If

In what time will the Simple Interest (S.I) on Rs.900 at 6% be equal to S.I on Rs.540 for 8 years at 5%?

  1. 5 yrs.
  2. 4 yrs.
  3. 3 yrs.
  4. 2 yrs.
Monis Rasool Professor Asked on 25th May 2015 in Maths.
Add Comment
  • 1 Answer(s)

    Answer: (b) 4 years
    Explanation:-
    Let be the time is = T years

    According to question,                 900 x 6 x T/100 = 540 x 5 x 8/100      (Simple interest = P x R x T/100)                                                54T = 54 x 4
    T = 4 years

    Anurag Mishra Professor Answered on 25th May 2015.
    Add Comment
  • Your Answer

    By posting your answer, you agree to the privacy policy and terms of service.