In what time will the Simple Interest on 400 at 10% per annum be the same as the
Simple interest on 1000 for four years at 4% per annum
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2
Answer:
in 4yrs
Step-by-step explanation:
The simple interest on 1000 for 4 years at 4% per annum is 160Rs.( Apply the Formula SI=PTR/100... You will get the answer as 160 Rs....)
From here... apply the formula again... taking SI=160Rs, P=400Rs, T as variable and R= 10%....
Solve this linear equation and you will get the answer as 4 yrs...
Hope you line and understand this...
If yes, plz mark it as brainliest....
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