Question

The simple interest on 3,400 is less than the simple interest on 4,200 at 5% by 200. Find the time.

Answer 1

Answer:

TIme = 5 years

Explanation:

SI = PTR/100

1st case => S1 = (3400*T*5) / 100

2nd case => S2 = (4200*T*5) / 100

S1 - S2 = 200

Solving above eq giVes T = 5 years