Question

in how much time will the simple interest on rupees 2500 at the rate of 8% per annum be the same as the simple interest on rupees 3000 at the rate of 9.75 % per annum for 5 years​

Answer 1

Answer: 3.5 years

Step-by-step explanation:

Just equate both sides using the formula prt/100

Let the time BE x YEARS

•°• (2500×8×x)/100 = (3000×9.75×5)/100

X= 3.5 years