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.
Answers
Answered by
16
answer=22yrs
Step-by-step explanation:
Let after t year amount will be equal.
According to the question,
800+
100
800×12×t
=910+
100
910×10×t
⇒800+96t=910+91t
⇒5t=110
∴t=22years
Hence, after 22 years the amount will be equal.
Answered by
1
Answer:
Let the required time be x years. Then,
800 + 800 × 12/100 × x
= 910 + 910 × 10/100 × x
= (96x – 91x) = 110
=> 5x = 110
=> x = 110/5
=> x = 22
Therefore, in 22 years their amounts of debts will be equal.
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