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?

In what time will Rs.4000 lent at 3% per annum on simple interest e

1.	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?
A.	8 1/3 years
B.	9 years
C.	7 1/2 years
D.	7 1/3 years
Answer» B. 9 years

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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?

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