| The simple interest on Rs. 4000 in 3 yr at the rate of x% per annum equals to the simple interest on Rs. 5000 at the rate of 12% per annum in 2 yr. The value of x is [SC (CGL) 2013] |
A) 6%
B) 8%
C) 9%
D) 10%
Correct Answer: D
Solution :
| According to the question, two simple interests are equal. |
| Then, \[\frac{4000\times 3\times x}{100}=\frac{5000\times 12\times 2}{100}\] |
| \[\therefore \] \[x=10\]% |
You need to login to perform this action.
You will be redirected in
3 sec
