Question

what time will the simple interest on Rs 500 at 6% be equal to the interest on rs450 for 8 years at 5%​

Answer 1

Step-by-step explanation:

P*=450

T* = 8 years

R*=5%

SI=(PXRXT)/100

= ( 450x5x8)/100

= 180

Now,

P = 500

R = 6%

T =?

SI=180

SI=(PXRXT)/100

T=(SIX100)/pxR

= (180x100)/ S00x6

= 6 years

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