Question

In what time will the interest on Rs. 3600 at the rate of 10% be equal to interest on Rs. 1800 at the
rate of 124% in 4 years ?​

Answer 1

Answer:

P = Rs. 1,800, A = Rs. 2,700,

T = 10 years.

I = A - P = 2700 - 1800 = Rs. 900

R=

P×T

100×I

=

1800×10

100×900

=5