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A borrows 800 rupees at the rate of 12% per annum simple interest and B borrows 910 rupees at rate of 10% per annum simple interest. In how many years will their amounts of debts be equal ? # Don't spam. ​

Answer»

ong>Step-by-step EXPLANATION:

Let after t year AMOUNT will be equal.

According to the question,

800+ 100

800×12×t

= 910

900+100

910×10×t

⇒800+96t=910+91t

⇒5t=110

∴t=22years

Hence, after 22 years the amount will be equal.

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