Aspire Faculty ID #16851 · Topic: AMU MCA 2024 · Just now
AMU MCA 2024

In what time will the simple interest on Rs. 780 at 5% be equal to the simple interest on Rs. 600 at $6\ \frac{1}{2}%$?

Solution

Simple interest $= \frac{PRT}{100}$ $\frac{780 \times 5 \times T}{100} = \frac{600 \times 6.5 \times T}{100}$ $39T = 39T$ True for all $T$

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