Question
The simple interest earned on 2,400 at a rate of 5% per
annum for 3 years is RS x and RS 1,736 is the simple interest earned on RS 6,200 at a rate of 14% for years, then the value of (x × y) is:Solution
X = (2400×5×3)/100 X =360 Now – 1736 =(6200×14×y)/100 Y = 2 Value of x × y = 360×2=720
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