insurence exam NICL AO (Pre + Mains) Mock Test 2024 Quantitative Aptitude Interest Simple Interest

A invests Rs. x for t years at 10% p.a S.I. and B invests Rs.(x+500) for 2t years at 12% p.a S.I. 2.4 times of the interest earned by A is Rs.480 less than the interest earned by B. Find the value of t.

1
6
2
2
3
3.5
4
4
5
3
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