Question

In what time simple interest on amount 400 at 10'/.per annum be the same as the simple interest on amount 1000 for 4years at 4'/. Per annum

Answer 1

Ans: In 4 years simple interest on amount 400 at 10% per annum will be the same as the simple interest on amount 1000 for 4 years at 4% per annum.