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A sum amounts to Rs. 3600 at 2% per annu...

A sum amounts to Rs. 3600 at 2% per annum under simple interest and Rs. 4800 at 4% per annum under simple interest. The time taken is ___.

A

2.5 years

B

3 years

C

30 years

D

25 years

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The correct Answer is:
To solve the problem step by step, we will use the formula for simple interest and the information given in the question. ### Step 1: Understanding the Problem We have two scenarios: 1. A sum amounts to Rs. 3600 at 2% per annum. 2. The same sum amounts to Rs. 4800 at 4% per annum. We need to find the time taken (T) for both cases. ### Step 2: Set Up the Equations For the first case: - Amount (A1) = Rs. 3600 - Rate (R1) = 2% - Principal (P) = Unknown - Time (T) = Unknown Using the formula for simple interest: \[ A = P + \text{SI} \] Where \(\text{SI} = \frac{P \times R \times T}{100}\) So, we can write: \[ 3600 = P + \frac{P \times 2 \times T}{100} \] This simplifies to: \[ 3600 = P + \frac{2PT}{100} \] (Equation 1) For the second case: - Amount (A2) = Rs. 4800 - Rate (R2) = 4% - Principal (P) = Unknown - Time (T) = Unknown Similarly, we can write: \[ 4800 = P + \frac{P \times 4 \times T}{100} \] This simplifies to: \[ 4800 = P + \frac{4PT}{100} \] (Equation 2) ### Step 3: Solve the Equations Now we have two equations: 1. \( 3600 = P + \frac{2PT}{100} \) 2. \( 4800 = P + \frac{4PT}{100} \) We can subtract Equation 1 from Equation 2: \[ 4800 - 3600 = \left(P + \frac{4PT}{100}\right) - \left(P + \frac{2PT}{100}\right) \] This simplifies to: \[ 1200 = \frac{4PT}{100} - \frac{2PT}{100} \] \[ 1200 = \frac{2PT}{100} \] ### Step 4: Isolate T Now, multiply both sides by 100 to eliminate the fraction: \[ 120000 = 2PT \] Now, divide both sides by \(2P\): \[ T = \frac{120000}{2P} \] \[ T = \frac{60000}{P} \] ### Step 5: Substitute P Now we need to find the value of \(P\). We can use either Equation 1 or Equation 2. Let's use Equation 1: \[ 3600 = P + \frac{2PT}{100} \] Substituting \(T\): \[ 3600 = P + \frac{2P \times (60000/P)}{100} \] \[ 3600 = P + \frac{120000}{100} \] \[ 3600 = P + 1200 \] Now, isolate \(P\): \[ P = 3600 - 1200 \] \[ P = 2400 \] ### Step 6: Find the Time T Now substitute \(P\) back into the equation for \(T\): \[ T = \frac{60000}{2400} \] \[ T = 25 \] ### Final Answer The time taken is **25 years**. ---

To solve the problem step by step, we will use the formula for simple interest and the information given in the question. ### Step 1: Understanding the Problem We have two scenarios: 1. A sum amounts to Rs. 3600 at 2% per annum. 2. The same sum amounts to Rs. 4800 at 4% per annum. We need to find the time taken (T) for both cases. ...
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