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

    Question

    What will be the ratio of simple interest earned on

    certain amount at the same rate of interest for 6 years and that for 16 years?
    A 1:2 Correct Answer Incorrect Answer
    B 3:4 Correct Answer Incorrect Answer
    C 4:5 Correct Answer Incorrect Answer
    D 3:8 Correct Answer Incorrect Answer

    Solution

    Let the principal be P and rate of interest be R%. Required ratio = [(P×R×6)/100)]/[(P×R×16)/100)] = 6PR/16PR = 3:8

    Practice Next
    More Simple and compound interest Questions

    Relevant for Exams:

    ask-question