📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    What will be the ratio of simple interest earned on

    certain amount at the same rate of interest for 8 years and that for 10 years?
    A 1:2 Correct Answer Incorrect Answer
    B 3:4 Correct Answer Incorrect Answer
    C 4:5 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×8)/100)]/[(P×R×10)/100)] = 8PR/10PR = 4:5

    Practice Next
    More Simple and compound interest Questions
    ask-question