If A borrowed Rs. P at x% and B borrowed Rs. Q (>P) at y% per annum at simple interest at the same time, then the amount of their debts will be equal after
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 
| Application |
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SI = (P × T × R)/100 P + (P × x × T)/100 = Q + (Q × Y × T)/100 = (PxT/100) - (QyT/100) = Q - P = T[(Px - Qy)/100]Q-P = 100[(Q - P)/(Px - Qy)]. |