Question

Simple interest received at the rate of 12% p.a. for 6 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for 6 years on the principal amount of Rs. ‘X’. Find the value of ‘X’.

A 4000
B 4500
C 4800
D 4900
E None of these
Practice Next

More Simple and compound interest Questions

Hey! Ask a query