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If A borrowed Rs. P at x% and B borrowed...

If A borrowed Rs. P at x% and B borrowed Rs Q `(gt P)` at y% per annum at simple interset at the same time, then the amount of their debts will be equal after

A

`100 ((Q - P)/(Px - Qy))` years

B

`100 ((Px - Qy)/(Q-P)` years

C

`100 ((Px - Qy)/(P-Q))` years

D

`100 ((P-Q)/(Px - Qy))` years

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find the time (T) after which the amounts owed by A and B will be equal. We will use the formula for calculating the total amount due under simple interest. ### Step-by-Step Solution: 1. **Understand the Problem**: - A borrows Rs. P at an interest rate of x% per annum. - B borrows Rs. Q (where Q > P) at an interest rate of y% per annum. - We need to find the time (T) when both their debts will be equal. 2. **Formula for Simple Interest**: - The formula for the amount (A) after time T at simple interest is: \[ A = P + \text{SI} = P + \left(\frac{P \times r \times T}{100}\right) \] - Where P is the principal, r is the rate of interest, and T is the time in years. 3. **Calculate Amount for A**: - For A, the amount after time T will be: \[ A_A = P + \left(\frac{P \times x \times T}{100}\right) \] - Simplifying this: \[ A_A = P + \frac{PxT}{100} \] 4. **Calculate Amount for B**: - For B, the amount after time T will be: \[ A_B = Q + \left(\frac{Q \times y \times T}{100}\right) \] - Simplifying this: \[ A_B = Q + \frac{QyT}{100} \] 5. **Set the Amounts Equal**: - We need to set the amounts equal to each other: \[ A_A = A_B \] - Substituting the expressions for A_A and A_B: \[ P + \frac{PxT}{100} = Q + \frac{QyT}{100} \] 6. **Rearranging the Equation**: - Rearranging gives: \[ \frac{PxT}{100} - \frac{QyT}{100} = Q - P \] - Factoring out T/100: \[ \frac{T}{100}(Px - Qy) = Q - P \] 7. **Solving for T**: - Now, isolate T: \[ T = \frac{(Q - P) \times 100}{(Px - Qy)} \] ### Final Answer: The time (T) after which the amounts of A and B will be equal is: \[ T = \frac{(Q - P) \times 100}{(Px - Qy)} \]
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