A borrows 800 at the rate of 12% per annum simple interest and B borrows 910 at the rate of 10% per annum, simple interest. In how many years will their amounts of debt be equal ?

A borrows 800 at the rate of 12% per annum simple interest and B borr

1.	A borrows 800 at the rate of 12% per annum simple interest and B borrows 910 at the rate of 10% per annum, simple interest. In how many years will their amounts of debt be equal ?
A.	18 years
B.	20 years
C.	22 years
D.	24 years
Answer» D. 24 years

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A borrows 800 at the rate of 12% per annum simple interest and B borrows 910 at the rate of 10% per annum, simple interest. In how many years will their amounts of debt be equal ?

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