Question

Mr. X invests 'P' amount at Simple
Interest rate 10% and Mr. Y invests
'Q' amount at Compound Interest
rate 5% compounded annually. At
the end of two years both get the
same amount of interest, then the
relation between two amounts P and
Q is given by :​

Answer 1

Step-by-step explanation:

ACCORDING TO QUESTION -

S.I=C.I

S.I=PIT= P×0.10×2=0.2P

C.I=P[{1+I}^T×N - 1}]= 0.1025Q

0.2P=0.1025Q

BRING 0.2 TO OTHER SIDE

P=0.1025Q/0.2,

BY SIMPLYING WE GET,

41Q/80