1.

Simple interest on 500 for 4 years at 6.25% per annum is equal to the simple interest on 400 at 5% per annum for a certain period of time. The period of time is

A. 4 years
B. 5 years
C. <table><tr><td rowspan="2">6</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">4</td></tr></table>
D. <table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">3</td></tr></table>
Answer» D. <table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">3</td></tr></table>


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