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

  • (A) 4 years
  • (B) 5 years
  • (C) 6.25 years
  • (D) 26/3 years
βœ… Correct Answer: (C) 6.25 years

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