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Question

A certain sum is invested for T years. It amounts to Rs. 400 at 10% per annum. But when invested at 4% per annum, it amounts to Rs. 200. Find the time (T)?

Options:
A .  39 years
B .  41 years
C .  45 years
D .  50 years
E .  None of these
Answer: Option D
 -   We have, A1 = Rs. 400, A2 = Rs. 200, R1 = 10%, R2 = 4%      Time (T) = A1 – A2  x 100     A2R1 – A1R2         = 400 - 200 x 100 = 20000  = 50 Years. 200 x 10 - 400 x 4 400

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