Amit invested same amount of money for T...

Amit invested same amount of money for T years and (T + 4) years at the rate of interest 10% and 20% respectively. The interest received on the amount invested is Rs. 1000 and 4000 respectively. Then find the value of T.

4 years

5 years

3 years

6 years

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The correct Answer is:

4 year

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Amit invested same amount of money for T years and (T + 4) years at the rate of interest 10% and 20% respectively. The interest received on the amount invested is Rs. 1000 and 4000 respectively. Then find the value of T.

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