How much amount given for 4 years at 5% simple interest will be equal to Rs. 500 loan given for 4 years at 6% simple interest?

How much amount given for 4 years at 5% simple interest will be equal

1.	How much amount given for 4 years at 5% simple interest will be equal to Rs. 500 loan given for 4 years at 6% simple interest?
A.	Rs. 600
B.	Rs. 570
C.	Rs. 650
D.	Rs. 550
Answer» B. Rs. 570

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How much amount given for 4 years at 5% simple interest will be equal to Rs. 500 loan given for 4 years at 6% simple interest?

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