In how many years, Rs. 75 will produce the same interest at 6% as Rs. 800 produce in 2 years at 4½% ? Choose the correct choice
A) 4 years B) 16 years C) 8 years D) 9 years E) 12 years
Explanation :   Let Simple Interest for Rs.75 at 6% for n years = Simple Interest for Rs.800 at 4½ % for 2 years   75×6×n/100=800×9/2×2/100   75×6×n=800×9/2×2   75×6×n=800×9   n=16 years   Answer : Option 16 years
<result>B</result>
In how many years, Rs. 75 will produce the same interest at 6% as Rs. 800 produce in 2 years at 4½% ?