Question

In what time will Rs.6000 at 4% interest produce the same income as Rs.5000 in
5 years at 8%​

Answer 1

Step-by-step explanation:

ask this question with 50 points okk

Answer 2

Step-by-step explanation:

i am assuming income to be interest

so si = ptr/100

= 5000×5×8/100 = 2000

so

2000 = 6000×4×t/100

2000÷240 =t

t = 8 1/3

time taken is 8 years 4months