In how many years, Rs. 150 will produce the same interest at 6% as Rs. 400 produce in 2 years at 4½% ?
Pick one.
A) 4 years B) 6 years C) 8 years D) 9 years E) 12 years
Explanation :   Let Simple Interest for Rs.150 at 6% for n years = Simple Interest for Rs.400 at 4½ % for 2 years   150×6×n/100=400×9/2×2/100   150×6×n=400×9/2×2   150×6×n=400×9   n=4 years   4 yearsnswer : Option 4 years
<result>A</result>
In how many years, Rs. 150 will produce the same interest at 6% as Rs. 400 produce in 2 years at 4½% ?