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) 8 1/3	B) 8 1/6	C) 8 1/2	D) 8 1/9	E) 8 1/4
(4000*3*R)/100   = (5000*5*4)/100   R = 8 1/3   8 1/3nswer: 8 1/3
<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?