Question

The simple interest earned on a principal of Rs. 6400 at an annual interest rate of (p + 4)% for 3 years is the same as the simple interest earned on a principal of Rs. 9600 at an annual interest rate of 5% for 4 years. Determine the value of 'p'.

A 12
B 2
C 8
D 6
E None of these
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