In what time will the simple interest on 400 at 10 l pa be the same – InterviewSolution

1.	In what time will the simple interest on 400 at 10 l pa be the same as the simpleinterest an a 10,000 for 4 year at 4%per annum?
Answer» GIVEN p=500r=10%t=?we have to FIND t here Step-by-step explanation:by using second AMOUNT that is p=10000t=4,r=4simple interest formula =ptr/10010000×4×4/100=1600=sisi=ptr/1001600=500×t×10/10050t=1600t=1600/50t=32

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