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      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

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