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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. |
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Answer» ong>Answer: LET the required TIME be x years. Then, 800 + 800 × 12/100 × x = 910 + 910 × 10/100 × x = (96x – 91x) = 110 => 5x = 110 => x = 110/5 => x = 22 Therefore, in 22 years their amounts of DEBTS will be EQUAL. |
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