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    3. Quantitative Aptitude
    4. Simple and compound interest
    5. What will be the ratio of simple interest earned on certain amount at the same rate of interest for

    Question

    What will be the ratio of simple interest earned on

    certain amount at the same rate of interest for 3 years and that for 9 years?
    A 1:3 Correct Answer Incorrect Answer
    B 3:4 Correct Answer Incorrect Answer
    C 2:5 Correct Answer Incorrect Answer
    D 3:7 Correct Answer Incorrect Answer

    Solution

    Let the principal be P and rate of interest be R%. Required ratio = [(P×R×3)/100)]/[(P×R×9)/100)] = 3PR/9PR = 1:3

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