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Simple Interest On Rs.500 For 4 Years At 6.25 % Per Annum Is Equal To The Simple Interest On Rs. 400 At 5 % Per Annum For A Certain Period Of Time. The Period Of Time Is? |
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Answer» LET the required period of time be x YEARS. Then 500 x 4 x 6.25/100 = 400 x 5/100 × x => 20 x 6.25 = 20 × x => X = 6.25 = 625/100 = 25/4 = 6 ¼ years. Let the required period of time be x years. Then 500 x 4 x 6.25/100 = 400 x 5/100 × x => 20 x 6.25 = 20 × x => X = 6.25 = 625/100 = 25/4 = 6 ¼ years. |
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