In what time will Rs.4000 lent at 3% per annum on simple interest earn as much interest as Rs.5000 will earn in 5 years at 4% per annum on simple interest? Choose one: A) 5 years B) 6 years C) 7 years D) 9 years E) 15 years
(4000*T*5)/100 = (5000*5*4)/100   T = 5 years   5 yearsNSWER:5 years
<result>A</result>
In what time will Rs.4000 lent at 3% per annum on simple interest earn as much interest as Rs.5000 will earn in 5 years at 4% per annum on simple interest?