Question

in what time will the simple interest on 1500 at 4% per annum be equals to that on rupees 300 at 3% per annum in 3 years​

Answer 1

Answer:

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Step-by-step explanation:

$\sf \: 300 \times 3 \times \frac{3}{100} = 27 \\ \sf 27 = 1500 \times 4 \times \frac{t}{100} \\ \sf \frac{27}{60} = t \\ \sf \: t = \frac{9}{20}$

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