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.)In what time Rs. 540 at 5 percent per annum will produce the same Interest as Rs. 1800 in 5 years at 6 percent per annum.
  • a)
    10 years
  • b)
    30 years
  • c)
    25 years
  • d)
    None
  • e)
    All of the above
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
.)In what time Rs. 540 at 5 percent per annum will produce the same In...
SI =1800*5*6/100=540
since SI is same
SI=540*5*t/100
t=540*100/540*5
t=20yrs
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Community Answer
.)In what time Rs. 540 at 5 percent per annum will produce the same In...
Given:
Principal (P1) = Rs. 540
Rate of interest (R1) = 5%
Time (T1) = ?
Interest (I1) = I2 (Interest earned by Rs. 1800)

Principal (P2) = Rs. 1800
Rate of interest (R2) = 6%
Time (T2) = 5 years
Interest (I2) = I1

Formula used:
Simple Interest (SI) = (P * R * T) / 100

Calculation:
Using the formula of simple interest, we can calculate the interest earned by Rs. 1800 in 5 years at 6% per annum.

I2 = (P2 * R2 * T2) / 100
I2 = (1800 * 6 * 5) / 100
I2 = Rs. 540

Now, we can equate I1 and I2 to find the time required by Rs. 540 at 5% per annum to produce the same interest as Rs. 1800 in 5 years at 6% per annum.

I1 = (P1 * R1 * T1) / 100
540 = (540 * 5 * T1) / 100
T1 = (540 * 5) / 540
T1 = 5 years

Therefore, the time required by Rs. 540 at 5% per annum to produce the same interest as Rs. 1800 in 5 years at 6% per annum is 5 years.

Answer:
Option D. None
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.)In what time Rs. 540 at 5 percent per annum will produce the same Interest as Rs. 1800 in 5 years at 6 percent per annum.a)10 yearsb)30 yearsc)25 yearsd)Nonee)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
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.)In what time Rs. 540 at 5 percent per annum will produce the same Interest as Rs. 1800 in 5 years at 6 percent per annum.a)10 yearsb)30 yearsc)25 yearsd)Nonee)All of the aboveCorrect answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about .)In what time Rs. 540 at 5 percent per annum will produce the same Interest as Rs. 1800 in 5 years at 6 percent per annum.a)10 yearsb)30 yearsc)25 yearsd)Nonee)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for .)In what time Rs. 540 at 5 percent per annum will produce the same Interest as Rs. 1800 in 5 years at 6 percent per annum.a)10 yearsb)30 yearsc)25 yearsd)Nonee)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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