Question
What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years ?
Answer: Option C
LET THE PRINCIPAL BE P AND RATE OF INTEREST BE R%. SO REQUIRED RATIO = [(P X R X 6/100) / (13 X R X 9/100)] = 6PR/9PR = 6/9 = 2 : 3
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LET THE PRINCIPAL BE P AND RATE OF INTEREST BE R%. SO REQUIRED RATIO = [(P X R X 6/100) / (13 X R X 9/100)] = 6PR/9PR = 6/9 = 2 : 3
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