In what time will the simple interest on rs. 400 at 10% per annum be the same as the Simple interest on rs. 1000 for four years at 4 % per annum?
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Answer:
IN ONE YEAR
Step-by-step explanation:
IN One year interest of 400 rs @ 10% = 40
and In 4 year interest of 1000 rs. @ 4% = 40
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