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.
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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.
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