In how much much time will the simple interest on Rupees 3500 at the rate of 12% per annum be same as the simple interest on Rupees 4200 at 10% per annum for the 3 years?
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Answer:
TIME = 8 YEARS
Step-by-step explanation:
ATQ
(3500x6x t)/100 =(4000 x10.5 x4)/100
35x6xt =4x105x4
t= 8 years.
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