The simple interest on Rs. 4000 in 3 years at the rate of x% per annum equals the simple interest on Rs. 5000 at the rate of 12% per annum in 2 years. The value of x is (in %, in numerical value)

Correct answer is '10'. Can you explain this answer?

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Solve the following questionThe simple interest on Rs. 4000 in 3 years at the rate of x% per annum equals the simple interest on Rs. 5000 at the rate of 12% per annum in 2 years. The value of x is (in %, in numerical value)Correct answer is '10'. Can you explain this answer? over here on EduRev! Apart from being the largest CAT community, EduRev has the largest solved
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