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If the simple interest on a sum of Rs. P at 5% per annum for three years is thrice the simple interest received on Rs. Q at 7% per annum for four years, then find the relation between P and Q.
Answer & Solution
Correct Answer:
Option
A
$$\eqalign{
& \left( {\frac{{P \times 5 \times 3}}{{100}}} \right) = 3\left( {\frac{{Q \times 7 \times 4}}{{100}}} \right) \cr
& P = Q \times \frac{{28}}{5} \cr
& P = 5.6Q \cr} $$
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