Question
The simple interest earned on ₹3,000 at a rate of 8%
per annum for 4 years is ₹x. If ₹2,520 is the simple interest earned on ₹5,000 at a rate of 12% per annum for a’ years, find the value of X × aSolution
X = (3000×8×4)/100 X =960 Now – 2520 =(5000×12×a)/100 a = 4.2 Value of x × y = 960×4.2=4032.
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