If simple interest on a certain sum of money for 4 years at 5% per annum is same as the simple interest on Rs. 560 for 10 years at the rate of 4% per annum then the sum of money is:
A.1190
B.1120
C.1210
D.1280
Answer:B
If simple interest on a certain sum of money for 4 years at 5% per annum is same as the simple interest on Rs. 560 for 10 years at the rate of 4% per annum then the sum of money is:
A.1190 B.1120 C.1210 D.1280
Explanation: Let the required sum of money be Rs. X.