A borrows 800 rupees at the rate of 12% per annum simple interest and B borrows 910 rupees at rate of 10% per annum simple interest. In how many years will their amounts of debts be equal ? # Don't spam.
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3
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Answered by
11
Answer:
Let us consider after t year amount is equal.
Consider an equation.
800+
=910+
⇒ 800 + 96t = 910 + 91t
⇒ 5t = 110
⇒ t = 22 years
∴ After 22 years the amount will be equal
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