Question

. The simple interest on a certain sum of money for 9/2 years at 8% p.a. is Rs540 more than the Sl in the sum for 5 years at 6% p.a. Find the sum. .​

Answer 1

Answer:

Correct option is B)

Let T be the required time

Interest will be equal in both case.

I=

100

PTR

⇒

100

900×6×T

=

100

540×8×5

⇒900×6×T=540×8×5

⇒T=

900×6

540×8×5

⇒T=4

Required time =4 years