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What Will Be the Ratio of Simple Interest Earned by a Certain Amount at the Same Rate of Interest for 6 Yr and that for 9 Yr? -

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Question

What will be the ratio of simple interest earned by a certain amount at the same rate of interest for 6 yr and that for 9 yr?

Options

  • 1 : 3

  • 1 : 4

  • 2 : 3

  • Data inadequate

MCQ

Solution

2 : 3
Explanation : 

Let the principal be P and the rate of interest be r %.

Required ratio = `(((Pxxrxx6)/100))/(((Pxxrxx9)/100))=6/9=2 : 3`

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Simple and Compound Interest (Entrance Exam)
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