ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    What will be the ratio of simple interest earned by

    certain amount at the same rate of interest for 4 years and 6 years ?
    A 1:2 Correct Answer Incorrect Answer
    B 2:1 Correct Answer Incorrect Answer
    C 2:3 Correct Answer Incorrect Answer
    D 3:2 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let 'P' be the principle amount. ┬а And R% be the rate of interest ┬а Then required ratio = [(P├Ч 4├Ч R)/100]/[(P├Ч 6├Ч R/100)] ┬а => (4├Ч P├Ч R)/(6├Ч P├Ч R) = 2:3

    Practice Next
    More Simple and compound interest Questions
    ask-question